By Frank Prenesti
Date: Wednesday 08 Nov 2023
LONDON (ShareCast) - (Sharecast News) - UK Commercial Property REIT on Wednesday said it was in talks with Picton Property Income Limited on a possible all-share merger.
UKCM said "there can be no certainty either that an offer will be made nor as to the terms of any such offer".
In a separate statement, Picton said under the terms of its proposal to UKCM, the combined company would be "internally managed".
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 65.50p |
Change Today | -1.00p |
% Change | -1.50 % |
52 Week High | 79.20 |
52 Week Low | 60.30 |
Volume | 6,692 |
Shares Issued | 544.47m |
Market Cap | £356.63m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
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Strong Buy | 1 |
Buy | 1 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 2 |
Latest | Previous | |
---|---|---|
Q4 | Q3 | |
Ex-Div | 09-May-24 | 08-Feb-24 |
Paid | 31-May-24 | 29-Feb-24 |
Amount | 0.93p | 0.88p |
Time | Volume / Share Price |
08:10 | 604 @ 66.14p |
08:10 | 33 @ 65.97p |
08:03 | 4,869 @ 65.50p |
08:03 | 1,175 @ 65.60p |
08:00 | 11 @ 67.40p |
CEO | Michael Morris |
CFO | Saira Johnston |
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