CRC.L Share News (CRC)

IN BRIEF: Circle Property to leave FTSE AIM All-Share Index June 1

Circle Property PLC - London-based buyer, developer and manager of regional office assets in UK - Will leave FTSE AIM All-Share Index on Thursday, FTSE Russell confirms. Company last week Wednesday confirmed delisting, saying: "Maintaining the company's admission to trading on AIM requires significant management time, legal and regulatory obligations and comes with material financial costs (such as professional fees, London Stock Exchange fees and other costs associated with being an AIM-traded company)." The directors maintained these costs are "disproportionate" to the benefits the company receives from its AIM listing. Circle currently holds around GBP3.2 million in cash, and plans to distribute a "modest" final return to shareholders of no more than GBP1.1 million, or 4p per share. The rest will be used towards costs and incentive payments to its executives.

Circle Property plummets as confirms AIM cancellation

(Alliance News) - Circle Property PLC shares plunged on Wednesday, after it said it will delist on May 31 and will return 4 pence per share to investors.

AIM WINNERS & LOSERS: Purplebricks sells itself to rival for GBP1

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Circle Property shares jump on final sale of remaining asset

(Alliance News) - Circle Property PLC on Thursday said it has completed the sale of its final remaining asset, 300 Pavilion Drive in Northampton, England to Portman Finance Group Ltd for GBP2.9 million.

TRADING UPDATES: Inland Homes completes GBP2.5 million fund raise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATE: Tekmar launches fund raising, Artemis Chair resigns

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday not separately reported by Alliance News:

TRADING UPDATES: AdEPT Technology shareholders greenlight takeover

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

Circle Property agrees sale of Maidenhead asset, plans delisting

(Sharecast News) - Circle Property announced the conditional exchange of contracts to sell Concorde Business Park in Maidenhead on Friday, for £12.3m to Skelton Developments Nottingham.

Circle Property sells property as plans to delist from AIM

(Alliance News) - Circle Property PLC on Friday said it has exchanged contracts to sell its largest remaining asset, Concorde Business Park, for GBP12.3 million in cash.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: M&C Saatchi sees revenue rise; Angus extends drilling

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Circle Property to hold meeting for capital return

Circle Property PLC - London-based buyer, developer and manager of regional office assets in UK - Plans to return capital to shareholders through the issue and redemption of B shares. Expects that the first return of capital will take place in March for a minimum of GBP30 million and up to approximately GBP46 million. Believes that this is one of the fairest and most efficient ways of returning cash. Notes that the return is subject to resolutions at its extraordinary general meeting on February 15. Plans to reduce its capital to GBP4.1 million from GBP44.1 million by cancelling and extinguishing capital to the extent of GBP1.36.

Circle Property plans return of capital through new B shares

(Sharecast News) - Circle Property announced plans for a capital reduction, a proposed return of capital through the issue of B shares, and an extraordinary general meeting on Friday.

TRADING UPDATES: Hardide confirms annual revenue guidance

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: