Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

554.50p
   
  • Change Today:
    -1.50p
  • 52 Week High: 971.00
  • 52 Week Low: 554.50
  • Currency: UK Pounds
  • Shares Issued: 191.64m
  • Volume: 488,297
  • Market Cap: £1,062.63m
  • RiskGrade: 166

McKay Securities gets approach for possible offer from Slate

By Michele Maatouk

Date: Tuesday 29 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Commercial property investment company McKay Securities said on Friday that it has received a request from Slate Asset Management for access to due diligence so it can consider making a possible offer for the business.
McKay said Slate has not provided the board with a written indicative proposal in relation to a possible offer, but has indicated verbally that it is considering making such a proposal.

"If any such proposal is provided by Slate, the board of McKay will carefully consider its terms, in conjunction with its advisers," it said.

The company said its directors continue to recommend unanimously to shareholders the offer by Workspace.

McKay agreed earlier this month to be bought by office space provider Workspace £272m.

At 1010 BST, the shares were up 3.9% at 295p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Workspace Group Market Data

Currency UK Pounds
Share Price 554.50p
Change Today -1.50p
% Change -0.27 %
52 Week High 971.00
52 Week Low 554.50
Volume 488,297
Shares Issued 191.64m
Market Cap £1,062.63m
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.9% below the market average45.9% below the market average45.9% below the market average45.9% below the market average45.9% below the market average
29.03% above the sector average29.03% above the sector average29.03% above the sector average29.03% above the sector average29.03% above the sector average
Price Trend
58.64% below the market average58.64% below the market average58.64% below the market average58.64% below the market average58.64% below the market average
88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average
Income
35.94% above the market average35.94% above the market average35.94% above the market average35.94% above the market average35.94% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
74.55% below the market average74.55% below the market average74.55% below the market average74.55% below the market average74.55% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 5
Sell 1
Strong Sell 1
Total 11
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Workspace Group Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Jul-22 06-Jan-22
Paid 05-Aug-22 02-Feb-22
Amount 14.50p 7.00p

Trades for 01-Jul-2022

Time Volume / Share Price
16:35 170,299 @ 554.50p
16:29 17 @ 558.00p
16:29 1 @ 558.00p
16:29 3 @ 558.00p
16:28 65 @ 558.50p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

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