Shaftesbury Capital (SHC)

Sector:

Property Investment Trusts

Index:

FTSE 250

144.30p
   
  • Change Today:
      2.20p
  • 52 Week High: 145.60
  • 52 Week Low: 102.50
  • Currency: UK Pounds
  • Shares Issued: 1,953.17m
  • Volume: 2,747,373
  • Market Cap: £2,818.43m

CMA to probe Shaftesbury and Capital & Counties tie up

By Abigail Townsend

Date: Tuesday 15 Nov 2022

LONDON (ShareCast) - (Sharecast News) - The competition watchdog is to probe the proposed merger between London property firms Shaftesbury and Capital & Counties, it was confirmed on Tuesday.
In a brief statement, the Competition and Markets Authority said it had decided to investigate the deal - first announced in June - and invited interested parties to comment by 2 December.

The CMA said it wanted to consider if the merger of the two West End landlords could lead to a "substantial lessening" of competition.

The combined company, to be called Shaftesbury Capital, will own some of London's most well-known real estate, including Covent Garden, Carnaby Street, Chinatown and Soho, in a portfolio worth around £5bn.

Shaftesbury shareholders will own 53% of the combined entity, and Capco investors 43%.

As at 1130 GMT, shares in Shaftesbury were off 2% at 385p while Capco was down 1% at 109.4p.

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

 

SHC Market Data

Currency UK Pounds
Share Price 144.30p
Change Today 2.20p
% Change 1.55 %
52 Week High 145.60
52 Week Low 102.50
Volume 2,747,373
Shares Issued 1,953.17m
Market Cap £2,818.43m

SHC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.58% below the market average60.58% below the market average60.58% below the market average60.58% below the market average60.58% below the market average
76.92% below the sector average76.92% below the sector average76.92% below the sector average76.92% below the sector average76.92% below the sector average
Price Trend
64.57% above the market average64.57% above the market average64.57% above the market average64.57% above the market average64.57% above the market average
93.33% above the sector average93.33% above the sector average93.33% above the sector average93.33% above the sector average93.33% above the sector average
Income
43% below the market average43% below the market average43% below the market average43% below the market average43% below the market average
44% below the sector average44% below the sector average44% below the sector average44% below the sector average44% below the sector average
Growth
86.96% above the market average86.96% above the market average86.96% above the market average86.96% above the market average86.96% above the market average
92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average

SHC Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 24-Aug-23
Paid 31-May-24 18-Sep-23
Amount 1.65p 1.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:59 154,660 @ 144.36p
16:38 19,330 @ 144.30p
16:38 31,653 @ 144.30p
16:36 8,220 @ 144.30p
16:35 1,267,204 @ 144.30p

SHC Key Personnel

CEO Ian Hawksworth
CFO Situl Jobanputra

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