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UK Mortgages Ltd (UKML) Ordinary 1p

Sell:69.60p Buy:71.80p 0 Change: No change
Market closed Prices as at close on 24 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

UK Mortgages Ltd Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 4 Jun 2021)

What is happening?
 
UK Mortgages Ltd wants to return up to £20 million to Shareholders. To do this the Company is offering to buy up to 13% of its Shares at a price of 75p per Share.
 
You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 13% of your holding. You can ask to sell more or less than this, but you may not successfully sell all the Shares you tender above this entitlement.

 

The easiest way to tender Shares is online, and the deadline to give an instruction is noon on Friday 18 June 2021.
 
What are my options?
 
Option 1 – Tender a number of Shares.


Ask to sell some or all of your Shares at 75p per share. You’ll receive cash from Shares successfully sold on 29 June 2021, any Shares not successfully sold will be returned to your Account around the same time.
 
Option 2 – Take no action.

 

Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.
 
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:69.60p
Buy:71.80p
Change: No change
Market closed Prices as at close on 24 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

UK Mortgages Ltd Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 4 Jun 2021)

What is happening?
 
UK Mortgages Ltd wants to return up to £20 million to Shareholders. To do this the Company is offering to buy up to 13% of its Shares at a price of 75p per Share.
 
You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 13% of your holding. You can ask to sell more or less than this, but you may not successfully sell all the Shares you tender above this entitlement.

 

The easiest way to tender Shares is online, and the deadline to give an instruction is noon on Friday 18 June 2021.
 
What are my options?
 
Option 1 – Tender a number of Shares.


Ask to sell some or all of your Shares at 75p per share. You’ll receive cash from Shares successfully sold on 29 June 2021, any Shares not successfully sold will be returned to your Account around the same time.
 
Option 2 – Take no action.

 

Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.
 
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:69.60p
Buy:71.80p
Change: No change
Market closed Prices as at close on 24 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

UK Mortgages Ltd Ordinary 1p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 4 Jun 2021)

What is happening?
 
UK Mortgages Ltd wants to return up to £20 million to Shareholders. To do this the Company is offering to buy up to 13% of its Shares at a price of 75p per Share.
 
You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 13% of your holding. You can ask to sell more or less than this, but you may not successfully sell all the Shares you tender above this entitlement.

 

The easiest way to tender Shares is online, and the deadline to give an instruction is noon on Friday 18 June 2021.
 
What are my options?
 
Option 1 – Tender a number of Shares.


Ask to sell some or all of your Shares at 75p per share. You’ll receive cash from Shares successfully sold on 29 June 2021, any Shares not successfully sold will be returned to your Account around the same time.
 
Option 2 – Take no action.

 

Shareholders are not obliged to tender any number of Shares. If you do not return an instruction no Shares will be tendered on your behalf and your holding will remain unchanged.
 
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.

 

×
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.

Business summary

UK Mortgages Limited is a closed-ended investment company. The Company's investment objective is to provide Shareholders with access to stable income returns through the application of relatively conservative levels of leverage to portfolios of the United Kingdom mortgages. The Company invests in a portfolio of the United Kingdom residential mortgages. The Company is engaged in the business of investments in a diversified portfolio of loans secured against the United Kingdom residential property. The Company's subsidiaries include UK Mortgages Corporate Funding, Cornhill Mortgages No.1 Limited, Cornhill Mortgages No.2 Limited and Malt Hill No.1 Plc. Maitland Institutional Services Limited is the alternative investment fund manager. TwentyFour Asset Management LLP is the portfolio manager of the Company.

Important dates

Future events
There are no future events available.
Past events
Interim dividend payment date 30 July 2021 30/07/21
Interim ex-dividend date 15 July 2021 15/07/21
Interim dividend payment date 07 May 2021 07/05/21
Interim ex-dividend date 22 April 2021 22/04/21
EGM 23 March 2021 23/03/21
Interim results 17 March 2021 17/03/21
Interim dividend payment date 05 February 2021 05/02/21
Interim ex-dividend date 21 January 2021 21/01/21
AGM 07 December 2020 07/12/20
EGM 04 December 2020 04/12/20
Interim dividend payment date 30 October 2020 30/10/20
Annual report 27 October 2020 27/10/20
Final results 27 October 2020 27/10/20
Interim ex-dividend date 15 October 2020 15/10/20

General stock information

EPIC:
UKML
ISIN:
GG00BXDZMK63
Market cap:
£126.41 million
Shares in issue:
178.80 million
Sector:
No specific Industry
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Contact details

Address:
Trafalgar Court, Les Banques
PO Box 255
SAINT PETER PORT
GY1 3QL
Guernsey
Telephone:
+44 (01481) 745001

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. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

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'.