Capital & Regional (CAL)

Sector:

Real Estate

Index:

FTSE Small Cap

 68.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 71.40
  • 52 Week Low: 49.20
  • Currency: UK Pounds
  • Shares Issued: 233.00m
  • Volume: 34,681
  • Market Cap: £158.44m
  • RiskGrade: 438

Capital & Regional confirms takeover proposal from Vukile, expression of interest from NewRiver

By Michele Maatouk

Date: Thursday 23 May 2024

LONDON (ShareCast) - (Sharecast News) - Capital & Regional surged on Thursday after confirming it had received a non-binding indicative proposal from Vukile about a possible cash and share offer and a separate expression of interest from NewRiver REIT.
The proposal from Vukile Property Fund - a specialist retail real estate investment trust - was received on 19 April.

Capital & Regional also said it was "aware" that majority shareholder Growthpoint, which holds a 68.13% interest, had received a preliminary expression of interest from NewRiver about a possible cash and share offer.

"The board of Capital & Regional confirms that it has received no offer proposal from NewRiver at this stage," it said.

"There can be no certainty that any firm offer will be made for the company, nor as to the terms on which any offer will be made."

At 0935 BST, the shares were up 14.4% at 58.92p.

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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.

 

CAL Market Data

Currency UK Pounds
Share Price 68.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 71.40
52 Week Low 49.20
Volume 34,681
Shares Issued 233.00m
Market Cap £158.44m
RiskGrade 438

CAL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.51% above the market average76.51% above the market average76.51% above the market average76.51% above the market average76.51% above the market average
74.36% above the sector average74.36% above the sector average74.36% above the sector average74.36% above the sector average74.36% above the sector average
Price Trend
73.83% above the market average73.83% above the market average73.83% above the market average73.83% above the market average73.83% above the market average
80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average
Income
93.01% above the market average93.01% above the market average93.01% above the market average93.01% above the market average93.01% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
91.64% below the market average91.64% below the market average91.64% below the market average91.64% below the market average91.64% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CAL Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-24 11-Apr-24
Paid 27-Sep-24 07-Jun-24
Amount 2.85p 2.95p

Trades for 06-Sep-2024

Time Volume / Share Price
16:35 204 @ 68.00p
16:35 91 @ 68.00p
16:35 98 @ 68.00p
16:35 15 @ 68.00p
16:29 435 @ 68.00p

CAL Key Personnel

CEO Lawrence Hutchings
Finance Director Stuart Wetherly

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