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Pin to quick picksUrban Logistics Share News (SHED)

Share Price Information for Urban Logistics (SHED)

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Share Price: 119.80
Bid: 119.60
Ask: 119.80
Change: -0.60 (-0.50%)
Spread: 0.20 (0.167%)
Open: 120.60
High: 121.00
Low: 119.40
Prev. Close: 120.40
SHED Live PriceLast checked at -
Urban Logistics REIT is an Investment Trust

To invest in a diversified portfolio of well-located, fit-for-purpose last mile or regional logistics facilities in the UK and engage in active asset management to leverage and enhance returns.

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DIRECTOR DEALINGS SUMMARY: Wizz Air CEO Buys GBP640,000 In Shares

Wed, 11th Mar 2020 15:51

(Alliance News) - The follow is a round-up of share dealings by UK company directors and managers announced on Wednesday and not separately reported by Alliance News:

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Wizz Air Holdings PLC - Chief Executive Officer Jozsef Varadi, via VAXCO Holdings Ltd, buys 20,000 shares at GBP32.16, worth GBP643,200, on Friday last week.

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Kosmos Energy Ltd - Chair & CEO Andrew Inglis buys 300,000 shares at USD1.057, worth USD317,100, on Tuesday.

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Urban Logistics REIT PLC - Non-Executive Chair Nigel Rich buys 110,000 shares and Non-Executive Director Bruce Anderson buys 4,446, both on Wednesday at 137.5p as part of the company's equity raise. Together worth GBP157,363. Rich now holds 335,536 shares and Anderson 50,000.

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RSA Insurance Group PLC - Group Underwriting Director Nathan Williams sells 24,391 shares at GBP4.681, worth GBP114,174, on Monday.

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Standard Life Aberdeen PLC - Non-Executive Director Jonathan Paul Asquith buys 25,000 shares at 249.36p, worth GBP62,340, on Tuesday.

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Vesuvius PLC - Chair John McDonough buys 20,000 shares at GBP3.9751, worth GBP79,502, on Tuesday.

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BHP Group PLC - Non-Executive Director Gary Goldberg buys 2,000 American Depository Shares, representing 4,000 ordinary shares, at average price of USD41.63, worth USD83,260, on Friday.

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JPMorgan Emerging Markets Investment Trust PLC - Director Sarah Arkle buys 5,000 shares at 909.17p, worth GBP45,459, on Wednesday.

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Apax Global Alpha Ltd - Director Michael Bane buys 9,316 shares at GBP1.665, worth GBP15,511, on Friday. The purchase is his only holding.

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Ibstock PLC - CEO Joe Hudson buys 9,247 shares at 222.0p, worth GBP20,528, on Tuesday.

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Ten Lifestyle Group PLC - Catherine Donald, wife of Chief Financial Officer Alan Donald, buys 25,641 shares at 78.00p. Alan Donald now interested in 100,641 shares. Andrew Long, chief operational officer & CEO of Asia, bought 25,936 shares at 77.06p. Now holds 3.9 million shares, 4.8% of total. Together the two purchases, both on Tuesday, were worth GBP40,000. The two deals followed two purchases of the same size each by CEO Alex Cheatle on Friday last week and wife Natalie Cheatle on Tuesday.

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Diversified Gas & Oil PLC - Chief Operating Officer & Finance Director Bradley Gray and CFO Eric Williams each buy 15,000 shares at GBP0.6680. Chief Commercial Officer James Rode buys 50,000 shares at GBP0.6732. All purchases made on Tuesday and together worth GBP53,700.

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Urban&Civic PLC - Director Sanjeev Sharma buys 8,018 shares at 310.2p, worth GBP24,872, on Tuesday.

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Phoenix Group Holdings PLC - Non-Executive Director Kory Sorenson buys 3,096 shares at average GBP6.4257, worth GBP19,894, on Monday.

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Close Brothers Group PLC - Non-Executive Director Peter Duffy buys 848 shares at GBP11.71, worth GBP9,930, on Wednesday.

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IQGEO Group PLC - Kestrel Partners LLP buys 25,000 shares at GBP0.60, worth GBP15,000, on Wednesday. Kestrel now indirectly has interest 12.3 million shares, 25% of total. Non-Executive Director Max Royde has an interest in Kestrel.

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Norcros PLC - Emma Towers, wife of Non-Executive Chair Martin Towers, buys 10,000 shares at 193.29p, worth GBP19,329, on Wednesday. Martin Towers now interested in 190,815 shares.

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UK Commercial Property REIT Ltd - Non-Executive Director Ken McCullagh buys 40,000 shares at 77.50p, worth GBP31,000, on Tuesday.

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M&G PLC - Non-Executive Director Clare Thompson buys 20,000 shares at GBP1.7212, worth GBP34,424, on Wednesday.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
17 Apr 2024 09:37

Urban Logistics hails strong portfolio amid new lettings

(Alliance News) - Urban Logistics REIT PLC on Wednesday reported that it saw continued progress in the fourth quarter of its financial year, which it said was marked by significant like-for-like rental increases and a number of new lettings.

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17 Apr 2024 09:33

LONDON BROKER RATINGS: BofA cuts Ashmore; JPMorgan lifts Fresnillo

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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17 Apr 2024 08:35

Urban Logistics upbeat as rents strengthen

(Sharecast News) - Urban Logistics REIT struck a confident tone on Wednesday, after rents rose by nearly a quarter in the last three months of the year.

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12 Apr 2024 09:55

LONDON BROKER RATINGS: JPMorgan raises Taylor Wimpey, Persimmon

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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10 Apr 2024 15:00

London close: Stocks finish higher as US inflation tops forecasts

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

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21 Mar 2024 20:03

TRADING UPDATES: CAP-XX raises funds; Shanta Gold dividend

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

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18 Mar 2024 19:20

TRADING UPDATES: Chariot mulls future of Transitional Power business

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14 Mar 2024 16:10

Abrdn Property Income urges shareholders back "compelling" merger

(Alliance News) - Abrdn Property Income Trust Ltd on Thursday provided an update on the proposed all-share merger with Custodian Property Income REIT PLC.

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13 Mar 2024 14:29

Custodian amends terms and reaffirms commitment to abrdn merger

(Alliance News) - Custodian Property Income REIT PLC on Wednesday said that it believed the proposed merger with abrdn Property Income Trust Ltd had a "compelling strategic and financial rationale", as the pair agreed to extend the merger commitment date to Friday.

Custodian and abrdn are real estate investment trusts with a portfolio of properties in the UK.

In January, the pair agreed terms for an all-share merger, which would create a real estate investment trust with combined assets totalling GBP1.0 billion.

Per the agreement, abrdn Property Income shareholders will receive 0.78 new Custodian shares for each share in the company.

On Tuesday, Custodian reaffirmed its belief that the merger holds a "compelling strategic and financial rationale".

The company said that it would be waiving its one-off project fee in connection with the merger, which amounted to GBP350,000.

Custodian also announced a reduction in the management fees payable to its investment manager, Custodian Capital Ltd, for a period of two years following the merger's completion. This fee will now calculated as 0.75% of the combined group's net asset value less than or equal to GBP500 million, changed from 0.9% in respect of NAV up to GBP200 million and 0.75% up to GBP500 million.

Custodian said that thesee amendments "reinforce the financial rationale of the recommended merger and represents further alignment between CREI, Custodian Capital and the shareholders of the combined group".

Custodian urged abrdn shareholders to not take action regarding the separate offer by Urban Logistics REIT PLC for abrdn. In February, Urban Logistics offered abrdn shareholders 0.47 of its shares for each share in the company. Shares in Urban Logistics are currently flat at 118.00 pence each in London on Wednesday.

In a separate announcement, abrdn said that the deadline for Custodian to make a firm intention to continue with the merger or confirm that it does not want to participate in the scheme has been extended to Friday at 5pm. Both abrdn and Custodian have agreed to these terms.

Shares in Custodian were down 1.3% at 77.00 pence each. Shares in abrdn were down 0.2% at 55.00 pence each, both in London on Wednesday.

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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23 Feb 2024 09:21

Urban Logistics given March deadline for making API decision

(Alliance News) - Urban Logistics REIT PLC on Friday said it has until March 15 to "clarify its intentions" with abrdn Property Income Trust Ltd.

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20 Feb 2024 19:12

Urban Logistics approaches abrdn Property Income with "superior" offer

(Alliance News) - Urban Logistics REIT PLC has made an offer for abrdn Property Income Trust Ltd, both companies confirmed on Tuesday.

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17 Jan 2024 10:34

IN BRIEF: Urban Logistics says demand still outstripping supply

Urban Logistics REIT PLC - UK-focused logistics real estate investment trust - Says demand for space continues to outstrip supply in the "last mile, last touch delivery" sub-sector for essential goods in urban locations. Reports completion of seven lease events since October 1, which "are evidence of significant asset management opportunities available to the company". Says new leases generated around GBP500,000 in additional rental income with passing rent increasing by 31% for over 400,000 square feet. Another two leases are either in solicitors' hands or under offer, which Urban Logistics expects to "further reduce portfolio vacancy".

Read more
17 Jan 2024 09:02

Urban Logistics reports jump in demand, rise in rental income

(Sharecast News) - Urban Logistics reported a continued surge in demand for space in an update on Wednesday, within its niche sub-sector of last-mile, last-touch delivery of essential goods in urban areas.

Read more
8 Dec 2023 14:57

UK dividends calendar - next 7 days

Monday 11 December 
Asian Energy Impact Trust PLCdividend payment date
YouGov PLCdividend payment date
Tuesday 12 December 
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Pan African Resources PLCdividend payment date
Wednesday 13 December 
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Barings Emerging EMEA Opportunities PLCex-dividend payment date
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DS Smith PLCex-dividend payment date
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Fuller, Smith & Turner PLCex-dividend payment date
Halfords Group PLCex-dividend payment date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend payment date
Impellam Group PLCex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCex-dividend payment date
Mitie Group PLCex-dividend payment date
Murray Income Trust PLCex-dividend payment date
Northamber PLCex-dividend payment date
Personal Assets Trust PLCex-dividend payment date
Polar Capital Holdings PLCex-dividend payment date
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Vertu Motors PLCex-dividend payment date
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Gattaca PLCspecial dividend payment date
Gattaca PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
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Scottish American Investment Co PLCdividend payment date
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ScS Group PLCdividend payment date
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Triple Point Social Housing REIT PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Nov 2023 09:57

LONDON BROKER RATINGS: Citi and Peel up B&M; JPMorgan cuts 888

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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