Firering Strategic Minerals: From explorer to producer. Watch the video here.
Overall holding including swap from 6.393 to 6.338
Thu, 18th Mar 2021 10:06RNS Number : 7176SCivitas Social Housing PLC18 March 2021 18 March 2021 CIVITAS SOCIAL HOUSING PLC Response to Hilldale and Pivotal Judgements The Board of Civitas Social Housing PLC, the leading care-based social housing REIT, ("Civitas" or the "Company") notes the recent regulatory judgments by the Regulator of Social Housing ("RSH") in respect of Pivotal Housing Association ("Pivotal") and Hilldale Housing Association ("Hilldale"), two of the 16 Approved Providers working with Civitas. The judgements do not include any specific ratings as both Pivotal and Hilldale operate less than 1,000 units. The new board at Hilldale has indicated that it is working with the RSH in respect of the observations that have been made to address issues identified and to return the organisation to a compliant position. Pivotal has indicated similarly. In reflection of points raised in the Hilldale judgement and as part of Civitas' ongoing detailed monitoring programme, Hilldale has provided confirmation to Civitas that all of the Company's properties with Hilldale remain up to date in respect of statutory health and safety checks save that certain routine annual asbestos reviews have been delayed to reduce the level of access to properties during the pandemic. As at 18 March 2021, Pivotal represented 3.96% of Civitas' rent roll and Hilldale represented 0.97%. Both remain fully up to date with all lease payments due to the Company, the levels of which have been tested, and this is expected to continue to be the case. The RSH announced in May 2018 a general review of housing associations engaged in the provision of property services for vulnerable people. Pivotal became a registered provider in 2005 and is dedicated to providing outstanding homes in the community for working age adults with long-term care needs. Pivotal offers vulnerable people the opportunity of a better quality and more independent life. Hilldale was established in 2009 to provide quality housing to people who need additional support. Most of those people have learning disabilities or autism but Hilldale also provides homes for people with physical disabilities, those with mental health problems and those at risk of homelessness. Any further updates will be provided as and when appropriate. ENDS
would M&G dived in here with lots of dosh if it was doing dodgy deals ???
This all started because a small amount of companies they supplied properties too were slightly underhanded!! A massive buy at this price!!
A mountain from a mole hill??
IMO GLA
r
We will be selling 25% of the company for 0.9 billion
So will own 75% of the original company
0.5 billion will be paid to the amount of shares on the book now 468 million =1.06 per share
We will still be in for dividends from newco but will have limited say on the board
After the share consolidation most of us will be underwater but if the board buy the right companies or products with the cash we could be on the par with Unilever or Reckit Ben
I do think this company will be taken out before all this occurs for 9 pound
A fantastic co.for breaking up and selling GLA