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SAPO South African Property Opportunities

0.95
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
South African Property Opportunities LSE:SAPO London Ordinary Share GB00B16GQJ90 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.95 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.95 GBX

SA Property Opps (SAPO) Latest News

Real-Time news about South African Property Opportunities (London Stock Exchange): 0 recent articles

SA Property Opps (SAPO) Discussions and Chat

SA Property Opps Forums and Chat

Date Time Title Posts
27/10/202008:04sasas137

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SA Property Opps (SAPO) Most Recent Trades

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SA Property Opps (SAPO) Top Chat Posts

Top Posts
Posted at 11/9/2018 16:54 by guman
would share holder get any money?
Posted at 24/4/2018 10:04 by tomboyb
RNS out -

South African Property Opps PLC

24 April 2018

Legal Entity Identifier: 213800MCRBNG3UHI1A31

24 April 2018

South African Property Opportunities plc

(incorporated and registered in the Isle of Man under the Isle of Man Companies Act 2006

with registered number 006491V)

(the "Company")

Further re voluntary winding-up

The Board has received through its advisers an email from Michael Meyers, who has recently acquired 29.9 per cent. of the entire issued share capital of the Company. The email requests the board of directors cancel or agree to adjourn the EGM to be held on 2nd May and states that "both resolutions will be rejected by holders of approximately 81% of the equity".

The email states that Mr Meyers has been informed of the voting intentions of two other shareholders, "John McKeon holding 26.6% of the equity & Peterhouse Corporate Finance acting for Flare Capital with 24.9% of the equity", but that the shareholders are not acting in concert. The Board notes that all three shareholders have only recently acquired shares in the Company.

The email suggests that the board of directors should resign and appoint Mr Meyers and nominees of the other two shareholders as directors, as well as suggesting a possible independent director, "if you felt that this was necessary."

The email concludes, "In view of the price having risen substantially today I think action is necessary without delay."

The extraordinary general meeting of the Company's shareholders is due to be held at 11:00 a.m. on 2 May 2018 in order to approve the proposals, following which a further announcement will be made.

For further information contact:

Panmure Gordon & Co (Nominated adviser and broker)

Paul Fincham/Jonathan Becher/Rob Naylor +44 20 7886 2500
Galileo Fund Services Limited (Registrar and administrator)

Ian Dungate/Suzanne Jones + 44 (0) 1624 692600

This information is provided by RNS

The company news service from the London Stock Exchange
Posted at 23/4/2018 11:39 by tomboyb
up 118% and 1000 shares available at 0.80p -

no stock in SAPO -

John Mckeon will reverse O and G assets here -
Posted at 19/4/2018 09:25 by tomboyb
John Mckeon is back -

Ha has just taken 27% of SAPO -
Posted at 16/4/2018 12:33 by tomboyb
Michael Siegfried Meyer buys 29% of SAPO -

Lars Ernest Bader buys 8% of this cash shell and Weiss have sold out -

So some sort of plan here to prevent delisting of the shares -
Posted at 21/2/2017 18:40 by plasybryn
If they get the second payment on 28th Feb., how soon after do we get the next payment please?


"The Company has also concluded contracts to sell its remaining assets, by selling the South African subsidiary companies, for ZAR 60m (£3.46m) to be paid in three instalments:
an initial payment of ZAR 25m (£1.44m) already received,
and further payments of ZAR 11m (£0.63m) on 28 February 2017
and ZAR 24m (£1.38m) on 30 June 2017.
Both of the 2017 payments are secured by a bank guarantee from Investec. The book value of the subsidiary companies as at 30 June 2016 has been reduced to the sale price."
Posted at 06/1/2017 16:56 by praipus
South African Property Opps PLC

06 January 2017

6 January 2017

South African Property Opportunities plc ("SAPRO" or "the Company")

Return of Capital Payment

The Board of South African Property Opportunities plc confirms that a return of capital of 7.25 pence per ordinary share will be paid, representing the cash proceeds available for distribution from the portfolio realisations to date.

Shareholders should take note of the following dates in respect of this return of capital payment:
Ex-dividend date: 19 January 2017
Record date: 20 January 2017
Payment date: 27 January 2017
Posted at 23/12/2016 19:27 by praipus
All sold cash on its way
Posted at 01/10/2012 12:36 by praipus
Weiss buying more SAPO now holding 24.1%


I track the rest of their holdings on the WAM thread
Posted at 19/3/2012 13:09 by praipus
I've got confusing info on QVT but they still appear on the SAPO website as holding 28.9% with Weiss's 22.5% they have control if they want it.
SA Property Opps share price data is direct from the London Stock Exchange

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