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Elegant Hotels Group plc Ordinary Shares 1p

Sell:109.00p Buy:110.50p Change: 2.25p (2.05%)
Market closed |  Prices as at close on 12 December 2019 | Switch to live prices |
Bid situation | Scheme of Arrangement

Elegant Hotels Group plc Ordinary Shares 1p

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 5 Nov 2019)

What is happening?

 

Elegant Hotels Group plc is seeking shareholder approval for a recommended cash acquisition by International Hotel Licensing Company (a wholly-owned indirect subsidiary of Marriott International Inc), via a Scheme of Arrangement.  You are being offered 110p in place of each Elegant Hotels Group plc share held.

 

You can vote

 

The Scheme is subject to shareholder approval at a General Meeting and Court Meeting both to be held on Thursday 21 November 2019 and Court approval at a Hearing expected to be held on Friday 6 December 2019.

 

Should you wish to vote you may do so below before the deadline of noon on Monday 18 November 2019.

 

The Scheme will be approved if shareholders who represent a majority in number and hold at least 75% in the value of the shares voted, vote in favour. If it’s approved all shareholders will receive cash in place of their shares irrespective of if or how they voted.

 

You will be able to trade your Elegant Hotels Group plc shares until market close on Friday 6 December 2019. Proceeds are expected to be paid on or shortly after Monday 23 December 2019.

 

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 and not on the summary information outlined above. Any instruction will be cast at both the General Meeting and Court Meeting unless you specify otherwise.

×
Sell:109.00p
Buy:110.50p
Change: 2.25p (2.05%)
Deal now Deal for just £11.95 per trade in a SIPP or Fund and Share Account
Market closed |  Prices as at close on 12 December 2019 | Switch to live prices |
Bid situation | Scheme of Arrangement

Elegant Hotels Group plc Ordinary Shares 1p

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 5 Nov 2019)

What is happening?

 

Elegant Hotels Group plc is seeking shareholder approval for a recommended cash acquisition by International Hotel Licensing Company (a wholly-owned indirect subsidiary of Marriott International Inc), via a Scheme of Arrangement.  You are being offered 110p in place of each Elegant Hotels Group plc share held.

 

You can vote

 

The Scheme is subject to shareholder approval at a General Meeting and Court Meeting both to be held on Thursday 21 November 2019 and Court approval at a Hearing expected to be held on Friday 6 December 2019.

 

Should you wish to vote you may do so below before the deadline of noon on Monday 18 November 2019.

 

The Scheme will be approved if shareholders who represent a majority in number and hold at least 75% in the value of the shares voted, vote in favour. If it’s approved all shareholders will receive cash in place of their shares irrespective of if or how they voted.

 

You will be able to trade your Elegant Hotels Group plc shares until market close on Friday 6 December 2019. Proceeds are expected to be paid on or shortly after Monday 23 December 2019.

 

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 and not on the summary information outlined above. Any instruction will be cast at both the General Meeting and Court Meeting unless you specify otherwise.

×
Sell:109.00p
Buy:110.50p
Change: 2.25p (2.05%)
Market closed |  Prices as at close on 12 December 2019 | Switch to live prices |
Bid situation | Scheme of Arrangement

Elegant Hotels Group plc Ordinary Shares 1p

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash due
Details (last updated 5 Nov 2019)

What is happening?

 

Elegant Hotels Group plc is seeking shareholder approval for a recommended cash acquisition by International Hotel Licensing Company (a wholly-owned indirect subsidiary of Marriott International Inc), via a Scheme of Arrangement.  You are being offered 110p in place of each Elegant Hotels Group plc share held.

 

You can vote

 

The Scheme is subject to shareholder approval at a General Meeting and Court Meeting both to be held on Thursday 21 November 2019 and Court approval at a Hearing expected to be held on Friday 6 December 2019.

 

Should you wish to vote you may do so below before the deadline of noon on Monday 18 November 2019.

 

The Scheme will be approved if shareholders who represent a majority in number and hold at least 75% in the value of the shares voted, vote in favour. If it’s approved all shareholders will receive cash in place of their shares irrespective of if or how they voted.

 

You will be able to trade your Elegant Hotels Group plc shares until market close on Friday 6 December 2019. Proceeds are expected to be paid on or shortly after Monday 23 December 2019.

 

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 and not on the summary information outlined above. Any instruction will be cast at both the General Meeting and Court Meeting unless you specify otherwise.

×
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:
n/a
Trade high:
n/a
Year high:
110.75p
Market capitalisation
Market cap.
:
£97.48 million
Previous close:
109.75p
Trade low:
n/a
Year low:
67.00p
P/E ratio:
n/a
Previous:
0.00p (0.00%)
Previous:
0.00p
Volume:
n/a
Dividend yield:
3.64%
EMS:
7,500
Data delayed by at least 15 minutes.

Performance

Not available for this stock.

Dividend information for this stock is not available.

Dividend information for this stock is not available.

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Important Documents

There are no documents available for this stock.

Broker forecasts

Broker recommendations for this stock are not available.

Time / date Time Buy / sell Type Volume Price Value
×

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’.

Annual & interim reports

Annual & interim reports are not available for this stock.

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. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look.

Share

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'.