BLV.L Share News (BLV)

BLV.L Information

There is currently no data for BLV

DIRECTOR DEALINGS: Belvoir Lettings Chairman Sells 1.25 Million Shares

Mon, 09th Feb 2015 16:04

LONDON (Alliance News) - Belvoir Lettings PLC said Chairman Mike Goddard sold 1.25 million shares at a price of 115 pence per share to a number new and existing institutional investors to help satisfy institutional demand Monday.

Following this transaction, Goddard remains beneficially interested in 7.7 million shares, which represents 32.17% of shares in issue.

Commenting on the sale in a statement Goddard said, "I am delighted that we have further expanded Belvoir's shareholder base and improved liquidity. I will continue to hold 32.17% of Belvoir. I am delighted by its performance and remain fully committed to its further development. As such I have undertaken not to sell any further shares for a period of 12 months."

Shares in the real estate services company were down 6.9% at 115.00p Monday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

More News

5 Oct 2015 07:46

Belvoir Lettings Snaps Up Goodchilds, Raises GBP3.6 Million (ALLISS)

9 Sep 2015 10:18

Belvoir Lettings interim profit slips as pre General Election slowdown hits revenue

(ShareCast News) - Letting franchise group Belvoir Lettings said its interim profit slid, as a market slowdown had a negative impact on revenue. In the six months to the end of June, the London-listed company posted pre-tax profit of £747,000, a 3.3% decline year-on-year, while revenue slid 18.1% co

9 Sep 2015 07:40

Belvoir Looking For Better Second Half As Election Slowdown Hits First

8 Jul 2015 15:59

Belvoir Lettings shares fall on acquisition news

Shares in Belvoir Lettings fell after the company said it had acquired East Midlands firm Newton Fallowell and said it would raise more capital. The AIM listed firm was trading at 127p at 16.05, having lost 4.15% since it opened on Wednesday. Belvoir said it had reached a conditional agreement to b

8 Jul 2015 07:41

Belvoir Acquires Newton Fallowell, Launches Placing To Back Deal (ALLISS)

15 May 2015 06:56

Belvoir Lettings Acquires Bury Lettings Agent Rayson Wilshaw

15 Apr 2015 09:00

Belvoir Pretax Profit Bolstered By Higher Management Service Fees

13 Feb 2015 14:39

UK DIRECTOR DEALINGS SUMMARY: Scholium Team Buys After Profit Warning

3 Feb 2015 09:31

Belvoir Expects Profit To Meet Market Expectations For 2014

5 Dec 2014 11:20

Belvoir Lettings completes Lettings @ Victoria Mills acquisition

Belvoir Lettings has completed the acquisition of West Yorkshire-based lettings agency Lettings @ Victoria Mills. The firm said the purchase was carried out by the franchise owner of Belvoir Leeds North West, with a £66,000 pound loan provided by the head office and the remainder of the acquisition

9 Oct 2014 08:46

Belvoir Lettings In GBP600,000 Loan To Support Acquisition Of Ryden

10 Sep 2014 15:47

Belvoir Lettings H1 revenue rises due to management fees

UK housing agency Belvoir Lettings saw revenues rise 32%, with management waxing optimistic on the outlook for future demand. UK housing agency Belvoir Lettings saw revenues rise 32%, with management waxing optimistic on the outlook for future demand. Sales for the first six months of the year incr

10 Sep 2014 08:05

Belvoir Lettings Pushes Ahead With Franchise Strategy As Profit Rises

4 Jul 2014 17:47

Belvoir Lettings buys Maitland Rachel

Belvoir Lettings has purchased lettings and estate agent Maitland Rachel in Hereford. Maitland Rachel will be combined with the franchise owner's current agencies. The acquisition will be financed by a loan from Belvoir head office, funded through existing cash facilities and will more than double

Latest Share Chat

BLV.L Share News (BLV)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DIRECTOR DEALINGS: Belvoir Lettings Chairman Sells 1.25 Million Shares

Login to your account

Quickpicks are a member only feature

Login to your account