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Local Shopping REIT Plc (The) (LSR) ORD GBP0.20

Sell:26.40p Buy:27.00p 0 Change: 0.30p (1.11%)
Market closed Prices as at close on 14 December 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Liquidation

Local Shopping REIT Plc (The) ORD GBP0.20

Type:
Liquidation
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 22 Nov 2018)

What has happened?

 

The Board of Local Shopping REIT plc have recently announced proposals for the Voluntary Liquidation of the Company and the appointment of Liquidators. The proposals require Shareholder approval at a General Meeting to be held on Wednesday 12 December 2018.

 

It is expected that the Company's Shares will be cancelled from trading on the London Stock Exchange with effect from the close of business on Tuesday 11 December 2018.

 

If the proposals are approved, the Company expects that an initial Liquidation distribution of approximately 26.7p per Share will be made in February 2019, and that a final distribution will be made following the sale of the Company’s remaining assets. The Company also expects that the Liquidation will be completed within 12 months of the Liquidator’s appointment.

 

How can I give an instruction to vote?

 

You can give an instruction to vote for or against the proposals by our noon Friday 7 December 2018 deadline below. 

 

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.

×
Sell:26.40p
Buy:27.00p
Change: 0.30p (1.11%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed Prices as at close on 14 December 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Liquidation

Local Shopping REIT Plc (The) ORD GBP0.20

Type:
Liquidation
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 22 Nov 2018)

What has happened?

 

The Board of Local Shopping REIT plc have recently announced proposals for the Voluntary Liquidation of the Company and the appointment of Liquidators. The proposals require Shareholder approval at a General Meeting to be held on Wednesday 12 December 2018.

 

It is expected that the Company's Shares will be cancelled from trading on the London Stock Exchange with effect from the close of business on Tuesday 11 December 2018.

 

If the proposals are approved, the Company expects that an initial Liquidation distribution of approximately 26.7p per Share will be made in February 2019, and that a final distribution will be made following the sale of the Company’s remaining assets. The Company also expects that the Liquidation will be completed within 12 months of the Liquidator’s appointment.

 

How can I give an instruction to vote?

 

You can give an instruction to vote for or against the proposals by our noon Friday 7 December 2018 deadline below. 

 

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.

×
Sell:26.40p
Buy:27.00p
Change: 0.30p (1.11%)
Market closed Prices as at close on 14 December 2018 Prices delayed by at least 15 minutes | Switch to live prices |
Liquidation

Local Shopping REIT Plc (The) ORD GBP0.20

Type:
Liquidation
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 22 Nov 2018)

What has happened?

 

The Board of Local Shopping REIT plc have recently announced proposals for the Voluntary Liquidation of the Company and the appointment of Liquidators. The proposals require Shareholder approval at a General Meeting to be held on Wednesday 12 December 2018.

 

It is expected that the Company's Shares will be cancelled from trading on the London Stock Exchange with effect from the close of business on Tuesday 11 December 2018.

 

If the proposals are approved, the Company expects that an initial Liquidation distribution of approximately 26.7p per Share will be made in February 2019, and that a final distribution will be made following the sale of the Company’s remaining assets. The Company also expects that the Liquidation will be completed within 12 months of the Liquidator’s appointment.

 

How can I give an instruction to vote?

 

You can give an instruction to vote for or against the proposals by our noon Friday 7 December 2018 deadline below. 

 

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.

×
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
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:
27.20p
Trade high:
27.30p
Year high:
34.00p
Market capitalisation
Market cap.
:
£21.78 million
Previous close:
27.00p
Trade low:
26.40p
Year low:
25.80p
P/E ratio:
n/a
Previous:
1.90p (6.57%)
Previous:
1.90p
Volume:
62,911
Dividend yield:
n/a
EMS:
10,000
Data delayed by at least 15 minutes.

Performance

Not available for this stock.

Fundamental data

Year ending: 30/09/2018 30/09/2017
Revenue (£m) 3.38 6.02
Profit before tax (£m) (7.15) (0.86)
Adjusted EPS (p): (8.67) (1.04)
P/E ratio n/a n/a
PEG n/a n/a
EPS growth (%) n/a n/a

Values are quoted in the stock's local currency: British pound

All fundamental data

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
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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’.

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.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

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'.