We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kcr Residential Reit Plc | LSE:KCR | London | Ordinary Share | GB00BYWK1Q82 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.00 | 8.00 | 10.00 | 9.925 | 9.00 | 9.00 | 10 | 08:00:27 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Investment Trust | 1.58M | -166k | -0.0040 | -22.50 | 3.75M |
From Apr 2019 to Apr 2024
TIDMKCR
RNS Number : 8157D
K&C REIT PLC
11 July 2016
11 July 2016
K&C REIT plc
("K&C" or the "Company")
Correcting Announcement
The announcement released earlier this morning contained an error. The exercise price of the options granted to the former chief executive is 10p per share, not 1p per share as previously stated. The text of the corrected announcement is set out below.
Grant of Options and Conditional Payment to former Chief Executive
K&C REIT plc, the residential real estate investment trust group, announces that the Board has agreed to grant options over ordinary shares of 1p each, as detailed below, to George Rolls, the former non-executive director and then chief executive who left the Board in December 2015.
The Board has also agreed to make a payment of GBP25,000 to George Rolls, conditional on a further fundraising being completed by the Company.
These grants are in recognition of the significant contribution that George Rolls, whilst unremunerated, made to ensuring that K&C REIT successfully floated on AIM in July 2015.
Hot Features
Premium
Former Director Number of Options Total Number of
Granted Options Held
----------------- ------------------ ----------------
George Rolls 460,000 460,000
----------------- ------------------ ----------------
The options have an exercise price of 10p per share and they can be exercised at any time within a five-year period commencing from 11 July 2016.
Contacts:
K&C REIT info@kandc-reit.co.uk
Tim James, Managing Director +44 (0) 7768 833
029
www.kandc-reit.co.uk
Stockdale Securities
Robert Finlay/Rose Ramsden +44 (0) 20 7601 6115
Yellow Jersey PR
Philip Ranger/Harriet Jackson +44 (0) 7768 534 641
Notes to Editors:
K&C's objective is to build a substantial residential property portfolio that generates secure income flow for shareholders through the acquisition of SPVs (Special Purpose Vehicles) with inherent historical capital gains. The Directors intend that the group will acquire, develop and manage residential property assets in Central London and other key residential areas in the UK.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGURAMUPQUBG
(END) Dow Jones Newswires
July 11, 2016 06:00 ET (10:00 GMT)
1 Year Kcr Residential Reit Chart |
1 Month Kcr Residential Reit Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
