We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
M&L Property | LSE:PHU | London | Ordinary Share | GB00B0YMRZ51 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 23.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
M&L Property & Assets Plc (the “Company”)
Change of Asset Manager
Following a corporate reorganisation at Midas Investment Management Limited (“Midas”), the Company’s asset manager, the asset management agreement between the Company and Midas will be novated to a new entity named M & L Capital Management Limited (“MLCM”). The commercial terms of the asset management agreement will be unchanged.
The novation of the asset management agreement (the “Transaction”) is deemed to be a related party transaction pursuant to AIM Rule 13, as both Midas and MLCM are 100 per cent owned subsidiaries of M&M Investment Company plc, which is a company 100 per cent owned by Mark Sheppard and trusts associated with Mr. Sheppard and his immediate family.
The directors of the Company, who are independent of the Transaction, having consulted with Cairn Financial Advisers LLP, the Company’s nominated adviser, consider that the terms of the Transaction are fair and reasonable insofar as the Company’s shareholders are concerned.
For further information, please contact:
Asset Manager:
M & L Capital Management Limited
Mark Sheppard
Tel: 00 44 (0) 20 7584 5733
Nominated Adviser:
Cairn Financial Advisers LLP
Liam Murray
Tel: 00 44 (0) 20 7148 7900
Copyright r 17 PR Newswire
1 Year Pactolus Hungarian Property Chart |
1 Month Pactolus Hungarian Property 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