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Value and Indexed Property Income Trust (VIP) Ordinary 10p Shares

Sell:196.50p Buy:203.00p 0 Change: 0.50p (0.25%)
Market closed Prices as at close on 3 October 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Miscellaneous

Value and Indexed Property Income Trust Ordinary 10p Shares

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 17 Sep 2025)

What is happening?

 

Subject to shareholder approval at the general meeting on 25 September 2025 Value and Indexed Property Income Trust are proposing the following:

 

1. A tender offer, giving you a chance to sell shares
2. Alternatively, a subscription offer, giving you a chance to buy shares

 

If you don’t want to take part in either offer, you don’t need to do anything,

 

Tender offer

 

The company is offering to buy some or all of your shares at a price of £2.04

 

You can ask to sell all or part of your holding in the offer. You’re only guaranteed to be able to sell 30% of your holding, so you may not successfully sell any shares tendered above this entitlement. Cash from shares sold in the offer will be credited to your portfolio from 8 October 2025.

 

Subscription Offer

 

Alternatively, the company is giving you the chance to apply to buy more shares in a subscription offer. You’ve got the option to buy more shares at a price of £2.04. You’ll have to pay stamp duty of 0.5% on any purchase so the total cost will be £2.0502 per share.

 

The number of shares available pursuant to the subscription offer will depend on the number of shares tendered. If no shares are tendered, no shares will be available under the subscription offer. There is no guarantee you’ll get all the shares you apply for.

 

You can buy your new shares in any of your HL accounts. We'll assume you’re applying for shares in the account you currently hold the shares unless you tell us otherwise.

You’ll need enough money on your capital account from noon on 24 September 2025 until the money is used on 25 September 2025.

 

We’ll take the full cost of your election, so if you don’t get all you apply for, the cash difference will be refunded to your account on receipt. There’s no definite date for this but it’s usually within 7-10 days of the shares being issued.

 

The new shares will be credited to your account around 8 October 2025.

 

Give an instruction for either offer – Act by noon on Wednesday 24 September 2025

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:196.50p
Buy:203.00p
Change: 0.50p (0.25%)
Market closed Prices as at close on 3 October 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Miscellaneous

Value and Indexed Property Income Trust Ordinary 10p Shares

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 17 Sep 2025)

What is happening?

 

Subject to shareholder approval at the general meeting on 25 September 2025 Value and Indexed Property Income Trust are proposing the following:

 

1. A tender offer, giving you a chance to sell shares
2. Alternatively, a subscription offer, giving you a chance to buy shares

 

If you don’t want to take part in either offer, you don’t need to do anything,

 

Tender offer

 

The company is offering to buy some or all of your shares at a price of £2.04

 

You can ask to sell all or part of your holding in the offer. You’re only guaranteed to be able to sell 30% of your holding, so you may not successfully sell any shares tendered above this entitlement. Cash from shares sold in the offer will be credited to your portfolio from 8 October 2025.

 

Subscription Offer

 

Alternatively, the company is giving you the chance to apply to buy more shares in a subscription offer. You’ve got the option to buy more shares at a price of £2.04. You’ll have to pay stamp duty of 0.5% on any purchase so the total cost will be £2.0502 per share.

 

The number of shares available pursuant to the subscription offer will depend on the number of shares tendered. If no shares are tendered, no shares will be available under the subscription offer. There is no guarantee you’ll get all the shares you apply for.

 

You can buy your new shares in any of your HL accounts. We'll assume you’re applying for shares in the account you currently hold the shares unless you tell us otherwise.

You’ll need enough money on your capital account from noon on 24 September 2025 until the money is used on 25 September 2025.

 

We’ll take the full cost of your election, so if you don’t get all you apply for, the cash difference will be refunded to your account on receipt. There’s no definite date for this but it’s usually within 7-10 days of the shares being issued.

 

The new shares will be credited to your account around 8 October 2025.

 

Give an instruction for either offer – Act by noon on Wednesday 24 September 2025

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:196.50p
Buy:203.00p
Change: 0.50p (0.25%)
Market closed Prices as at close on 3 October 2025 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Miscellaneous

Value and Indexed Property Income Trust Ordinary 10p Shares

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 17 Sep 2025)

What is happening?

 

Subject to shareholder approval at the general meeting on 25 September 2025 Value and Indexed Property Income Trust are proposing the following:

 

1. A tender offer, giving you a chance to sell shares
2. Alternatively, a subscription offer, giving you a chance to buy shares

 

If you don’t want to take part in either offer, you don’t need to do anything,

 

Tender offer

 

The company is offering to buy some or all of your shares at a price of £2.04

 

You can ask to sell all or part of your holding in the offer. You’re only guaranteed to be able to sell 30% of your holding, so you may not successfully sell any shares tendered above this entitlement. Cash from shares sold in the offer will be credited to your portfolio from 8 October 2025.

 

Subscription Offer

 

Alternatively, the company is giving you the chance to apply to buy more shares in a subscription offer. You’ve got the option to buy more shares at a price of £2.04. You’ll have to pay stamp duty of 0.5% on any purchase so the total cost will be £2.0502 per share.

 

The number of shares available pursuant to the subscription offer will depend on the number of shares tendered. If no shares are tendered, no shares will be available under the subscription offer. There is no guarantee you’ll get all the shares you apply for.

 

You can buy your new shares in any of your HL accounts. We'll assume you’re applying for shares in the account you currently hold the shares unless you tell us otherwise.

You’ll need enough money on your capital account from noon on 24 September 2025 until the money is used on 25 September 2025.

 

We’ll take the full cost of your election, so if you don’t get all you apply for, the cash difference will be refunded to your account on receipt. There’s no definite date for this but it’s usually within 7-10 days of the shares being issued.

 

The new shares will be credited to your account around 8 October 2025.

 

Give an instruction for either offer – Act by noon on Wednesday 24 September 2025

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
196.50p
Trade high:
204.00p
Year high:
219.00p
Estimated NAV:
227.78
Previous close:
200.25p
Trade low:
196.50p
Year low:
168.50p
Premium/Discount:
-12.09%
Previous:
4.75p (2.32%)
Previous:
4.75p
Volume:
11,990
Dividend yield:
7.02%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
VALUE & INDEX performance chart

Premium/Discount

VALUE & INDEX performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 2.32% 1 year 1Y 10.36%
1 month 1M 4.43% 2 years 2Y 8.56%
3 months 3M 0.37% 3 years 3Y 3.77%
6 months 6M 10.51% 5 years 5Y 15.8%

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: MSCI Quarterly UK Property NR GBP
Annual management charge: 0.6% of Total Assets
Performance fee: No
Ongoing charge: 4.48%
Dividend yield: 7.02%
Dividend frequency: Quarterly
Total assets: £96m
Gross gearing: 0%
Market capitalisation:Market cap.: £84m
Shares in issue: 42.01 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB0008484718

Recent dividends paid or declared by Value and Indexed Property Income Trust:

Type Ex-div date Payment date Amount
Q1 * 02/10/2025 31/10/2025 3.60p
Final 26/06/2025 25/07/2025 3.60p
Q3 27/03/2025 25/04/2025 3.40p
Q2 02/01/2025 31/01/2025 3.40p
Q1 26/09/2024 25/10/2024 3.40p

* Dividend has not yet been paid but has been declared by Value and Indexed Property Income Trust.

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual Value and Indexed Property Income Trust dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
31/03/2025 7.50% 0.53 13.80p
31/03/2024 5.60% 0.95 13.20p
31/03/2023 6.30% 0.81 12.90p
31/03/2022 5.30% 0.34 12.60p
31/03/2021 5.60% 0.43 12.30p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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Important Documents



Objective

The policy of the company is to invest in directly held UK commercial property, property-backed securities listed on the London Stock Exchange and cash or near cash securities. The Company will not invest in overseas property or securities or in unquoted companies. UK directly held commercial property will usually account for at least 80% of the total portfolio but it may fall below that level if relative market levels and investment value, or a desired increase in cash or near cash securities, make it appropriate.

NET ASSET VALUE (NAV)

Estimated NAV: 227.78p
Latest actual NAV: 227.91p
Latest actual NAV date: 31 March 2025
Premium/Discount: -12.09%
12m average Premium/Discount: -14.46%
NAV frequency: Semi-Annually

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Key Dates

Launch date: 14 July 1981
Financial year end: March
Next AGM: July 2026

Value Assessment

Value Assessment review date: 24 December 2024
Value Assessment next review date: 11 November 2025
Is Assessment of Value required under COLL: No
Outcome of COLL Assessment of Value: n/a
Outcome of PRIN Value Assessment or review: Product expected to provide fair value for reasonably foreseeable period
Other review related to value and or charges: -
Further information: -
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.