Property Franchise Group (TPFG)

Sector:

Real Estate

Index:

FTSE AIM All-Share

 392.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 401.00
  • 52 Week Low: 257.50
  • Currency: UK Pounds
  • Shares Issued: 62.33m
  • Volume: 22,032
  • Market Cap: £244.64m

Property Franchise Group continues to reject Belvoir's advances

By Josh White

Date: Thursday 02 Nov 2017

LONDON (ShareCast) - (ShareCast News) - The Property Franchise Group issued a brief statement to the market on Thursday, in response to a possible merger offer with the company by Belvoir Lettings.
Its board maintained its previous position that the possible merger offer would not be in the best interests of the group's shareholders.

"The board, holding in aggregate 49.3% of the ordinary shares, believes that the possible merger offer significantly undervalues TPFG and had accordingly unanimously rejected the unsolicited approach made by Belvoir previously on the terms disclosed," the directors of the AIM-traded company had said on 20 October, just after the possible merger offer was initially announced.

On Thursday, the board said they had maintained their position based on the same reasons.

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

 

TPFG Market Data

Currency UK Pounds
Share Price 392.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 401.00
52 Week Low 257.50
Volume 22,032
Shares Issued 62.33m
Market Cap £244.64m

TPFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.18% below the market average75.18% below the market average75.18% below the market average75.18% below the market average75.18% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Price Trend
72.60% above the market average72.60% above the market average72.60% above the market average72.60% above the market average72.60% above the market average
86.05% above the sector average86.05% above the sector average86.05% above the sector average86.05% above the sector average86.05% above the sector average
Income
46.78% above the market average46.78% above the market average46.78% above the market average46.78% above the market average46.78% above the market average
24.14% above the sector average24.14% above the sector average24.14% above the sector average24.14% above the sector average24.14% above the sector average
Growth
6.42% below the market average6.42% below the market average6.42% below the market average6.42% below the market average6.42% below the market average
12.82% above the sector average12.82% above the sector average12.82% above the sector average12.82% above the sector average12.82% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TPFG Dividends

  Latest Previous
  Final Special
Ex-Div 16-May-24 18-Jan-24
Paid 12-Jun-24 02-Feb-24
Amount 7.40p 2.00p

Trades for 14-May-2024

Time Volume / Share Price
15:30 1,500 @ 394.00p
14:15 3 @ 390.30p
14:12 6 @ 390.30p
14:11 1,800 @ 394.10p
14:10 3 @ 390.30p

TPFG Key Personnel

CFO David Arthur Raggett
CEO Gareth Samples

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