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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Axa Property Trust Limited | LSE:APT | London | Ordinary Share | GG00BHXH0C87 | ORD NPV |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 31.75 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 31.00 | 32.50 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 31.75 | GBX |
Axa Property (APT) Share Charts1 Year Axa Property Chart |
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1 Month Axa Property Chart |
Intraday Axa Property Chart |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 30/5/2019 18:02 by redhill9 n1mgn, I'd suggest its a combination of the one asset not being easily liquid and uncertainty over the future direction of the company.I'm holding a few shares as the residue after the many share redemptions over recent years and will just wait to see what happens. Not sure I'd be buying though. |
Posted at 28/2/2019 10:41 by nicholasblake Good to see uplift in NAV at half: |
Posted at 18/2/2019 09:44 by n1mgn hi Chaps has anyone received the funds from the share buy back ? many thanks in advance |
Posted at 07/2/2019 20:16 by horndean eagle Yes. A change will require 50% and given he got voted on board it is likely he would win again. Whether APT directors will let it get as far as fighting it is another matter. I really don't like what they are proposing but I fear we are going to legged over. |
Posted at 15/1/2019 17:11 by redhill9 Something to keep us going - redemption on 29 January of 11.3% of shares at NAV of 45.39p. Very welcome.REDEMPTION ANNOUNCEMENT Further to the powers granted to the Board by: 1) the passing of the Special Resolution to change the Investment Objective by the requisite majority at the Extraordinary General Meeting held on 26 April 2013, and 2) the passing of the Special Resolution to amend the Articles of Association of the Company by the requisite majority at the Extraordinary General Meeting held on 27 February 2014, there is approximately £1.2 million in unallocated cash now available for distribution to Shareholders as a result of the ongoing, managed wind-down of the Company through asset disposals and corporate re-structuring. The Company will return this amount, equivalent to approximately 5.13 pence per Share, to Shareholders on 28 January 2019 (the "Redemption Date") by way of a redemption of a proportion of all Shareholders’ holdings of Shares (the "Redemption"). Words and expressions that were defined in the Circular posted to shareholders on 4 February 2014 (the “Circular̶ The Redemption Price per Share shall be 45.39 pence, by reference to the NAV per Share as at 30 September 2018. The Redemption will be effected pro rata to holdings of Shares on the register at the close of business on the Redemption Date. Approximately 11.3% of the Company's issued share capital will be redeemed on the Redemption Date (that is approximately 11.3 Shares for every 100 Shares held (the "Relevant Percentage")). Fractions of Shares will not be redeemed and so the number of Shares to be redeemed for each Shareholder will be rounded down to the nearest whole number of Shares. (continues) |
Posted at 14/1/2019 13:12 by jeangl As you may have seen, a certain Mr Nixons is looking to take over the vehicle, which we can only assume he will loot at the expense of “normal” shareholders once in charge (black box mandate, undetermined fees, no return of capital as planned currently etc). First step: EGM in a week (23Jan), in which he seeks to be appointed as director. People who share my view, should imperatively vote their shares ASAP against this directorship appointment resolution. |
Posted at 04/11/2018 18:33 by nicholasblake HE, The group will take a loss on Curno but if by way of an asset sale the sub which owns it could make a taxable profit if it owned the asset BEFORE APT bought the sub.IMO the bigger point is that with a continuing mandate and a refreshed board a price closer to 2017 book value ought to be on the cards, which would push NAV/share (prior to any CGT)above 50p. |
Posted at 02/11/2018 14:17 by redhill9 Just been looking at the June annual figures reported a few days ago.I calculate that cash (after allowing for debtors, creditors and provisions) equates to a tad over 12p per share out of the NAV of 45.68p, so around 33.6p of the NAV relates to the property value. With share price at current 36p that suggests the property is in the share price for only around 24p, a discount to NAV of 29% (assuming cash continues at same level, i.e. rental income covers costs). Also assuming after the massive write-down in value that the property is fairly valued in the NAV, and with the prospect of an up-rate when the lease is re-negotiated with a sale then increasingly likely, this looks like a strong hold? |
Posted at 01/11/2018 11:01 by jgh03 Reaching 30% would be very significant. According to the City Code on Takeovers and Mergers, "When a person or group acquires interests in shares carrying 30% or more of the voting rights of a company, they must make a cash offer to all other shareholders at the highest price paid in the 12 months before the offer was announced."Source: hxxp://www.thetakeov Whether there is scope to adjust the price offered downwards in the light of capital redemptions I don't know. |
Posted at 02/2/2017 11:01 by davebowler LSE:APTOKSearch Axa Property Share News (APT) 5 Follow APT Share Name Share Symbol Market Type Share ISIN Share Description Axa Property LSE:APT London Ordinary Share GG00BD5J7902 ORD NPV Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade -0.50p -0.80% 62.00p 62.50p 65.00p 64.00p 62.00p 64.00p 77,458.00 10:17:49 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Real Estate Investment & Services 0.0 1.6 2.1 29.8 35.70 Alert AXA Property Trust Redemption 02/02/2017 7:00am UK Regulatory (RNS & others) TIDMAPT AXA PROPERTY TRUST LIMITED (a closed-ended company incorporated with limited liability under the laws of Guernsey with registered number 43007) REDEMPTION ANNOUNCEMENT Further to the passing of the Special Resolution by the requisite majority at the Extraordinary General Meeting held on 27 February 2014 and the powers therein granted to the Board, the Company will return approximately GBP18.4 million to Shareholders, equivalent to approximately 31.96 pence per Share, on 17 February 2017 (the "Redemption Date") by way of a redemption of a proportion of all Shareholders' holdings of Shares (the "Redemption"). Words and expressions that were defined in the Circular posted to shareholders on 4 February 2014 (the "Circular") shall have the same meaning where they are used in this announcement, except where the context requires otherwise. The Redemption Price per Share shall be 71.40 pence, by reference to the NAV per Share as at 30 September 2016. The Redemption will be effected pro rata to holdings of Shares on the register at the close of business on the Redemption Date. Approximately 44.76% of the Company's issued share capital will be redeemed on the Redemption Date (that is approximately 44.76 Shares for every 100 Shares held (the "Relevant Percentage")). Fractions of Shares will not be redeemed and so the number of Shares to be redeemed for each Shareholder will be rounded down to the nearest whole number of Shares. Following the completion of recent real estate sales as part of the Company's disposal programme more fully described in the Circular, the Company currently has approximately GBP18.4 million in unallocated cash, making this an appropriate time to distribute to Shareholders the unallocated cash. Further redemptions will be issued as cash reserves are made available for distribution. The costs and expenses of this Redemption are estimated not to exceed GBP7,500, equivalent to approximately 0.01 pence per Share being redeemed. The Company currently has 57,577,470 Shares in issue of which none are held in treasury. All of the Shares redeemed on the Redemption Date will be cancelled. A further announcement will be released following the Redemption Date to confirm the new number of Shares in issue. The Shares will be disabled in CREST on the Redemption Date and the existing ISIN, GG00BD5J7902 (the "Old ISIN"), will expire. A new ISIN, GG00BDC40227, in respect of the remaining Shares which have not been redeemed (the "New ISIN") will be enabled and available for transactions from and including the first Business Day following the Redemption Date. Up to and including the Redemption Date, Shares will be traded under the Old ISIN and as such, a purchaser of such Shares will have a market claim for a proportion of the redemption proceeds. CREST will automatically transfer any open transactions as at the Redemption Date (which is the record date for the purposes of the Redemption) to the New ISIN. Payments of redemption proceeds are expected to be effected either through CREST (in the case of Shares held in uncertificated form) or by cheque (in the case of Shares held in certificated form) within 8 Business Days of the Redemption Date. Shareholders will be paid their redemption proceeds in Sterling. EXPECTED TIMETABLE Redemption Announcement date 02 February 2017 Redemption Date, Redemption Record Date, 17 February 2017 (close of expiry of Old ISIN business) New ISIN enabled, CREST Accounts credited 20 February 2017 Payment of proceeds date 01 March 2017 |
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