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Pin to quick picksCapital & Regional Share News (CAL)

Share Price Information for Capital & Regional (CAL)

London Stock Exchange
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Share Price: 60.60
Bid: 61.20
Ask: 63.80
Change: 2.50 (4.17%)
Spread: 2.60 (4.248%)
Open: 60.60
High: 60.60
Low: 60.60
Prev. Close: 60.00
CAL Live PriceLast checked at -

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SMALL-CAP WINNERS & LOSERS: M&A lift for Pendragon, RPS; Superdry down

Mon, 26th Sep 2022 10:56

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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Pendragon PLC, up 18% at 27.00 pence, 12-month range 17.00p-29.00p. The car dealer says it has received a takeover approach from vehicle showrooms operator Hedin Mobility Group AB. Hedin has offered 29p per Pendragon share, giving it an equity valuation of around GBP405 million. Pendragon has a market capitalisation of GBP377.2 million.

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RPS Group PLC, up 12% at 231.11p, 12-month range 83.55p-233.00p. The stock hits this 12-month high on Monday. The professional services firm backs a GBP636 million takeover offer from Tetra Tech Inc and withdraws its recommendation for a bid by Toronto-listed consultancy firm WSP Global Inc. Consultancy and engineering services firm Tetra will pay 222p for each RPS share, a 7.8% premium to the 206p offered by WSP.

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SMALL-CAP - LOSERS

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Capital & Regional PLC, down 8.0% at 53.53p, 12-month range 53.40p-67.00p. The stock falls to a 12-month low on Monday in a negative read across after fellow property investors received price target cuts from Jefferies. British Land Co PLC's price target was cut to 420p from 459p. Derwent London PLC was cut to 3,399p from 3,683p.

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Superdry PLC, down 4.9% at 104.80p, 12-month range 100.40p-330.00p. Retail is one of the sectors that has suffered in morning trade in London, with cost-of-living worries front and centre. Elsewhere, AO World PLC falls 3.5%, Wickes PLC loses 5.5% and Next PLC is 3.4% lower.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
16 Jun 2010 10:46

John Clare named Capital & Regional chairman

Capital & Regional announced the appointment of John Clare as chairman of the property asset manager with effect from 29 June. Clare, who is succeeding Tom Chandos, was previously chief executive of Dixons between 1993 and 2007 and a non-executive director of Hammerson between 1988 and 2009. He is

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16 Jun 2010 10:18

Capital & Regional John Clare Named Chairman Effective June 29

LONDON (Dow Jones)-- Capital & Regional PLC (CAL.LN), a co-investing property asset manager, said Wednesday that it has appointed John Clare as Chairman with effect from June 29. Shares at 0915 GMT up 0.75 pence, or 2.48%, at 31.0 pence. -By Razak Musah Baba, Dow Jones Newswires; +44-20-78

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16 Jun 2010 07:43

Capital & Regional Completes Sale Of MEN Arena For GBP62.2M

LONDON (Dow Jones)--Capital & Regional PLC (CAL.LN), a co-investing property asset manager, said Wednesday it has, together with its joint venture partner, completed the sale of the companies that own the Manchester Evening News Arena to subsidiaries of Development Securities PLC (DSC.LN) for GBP62.

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11 Jun 2010 16:27

PRESS RELEASE: Moody's Comments On The Proposed Amendments To The Cmbs Transaction The Mall Funding Plc

The following is a press release from Moody's Investors Service: GBP 1,435 million of CMBS affected Frankfurt, June 11, 2010 -- Moody's Investors Service has commented today on the restructuring proposal as of 10 June 2010 for the The Mall Funding plc (the "Issuer") transaction. The proposal con

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11 Jun 2010 16:27

PRESS RELEASE: Moody's Comments On The Proposed -2-

hedged notional could lead to the Borrower being partially unhedged during the extended term of the Loan; - Moody's will have to assess in more detail whether the restructuring and anticipated disposals could result in negative selection over time in order to accomplish the sales and Loan amount ta

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19 May 2010 11:20

Small caps round-up: Chaucer, Ricardo, Trafficmaster...

Underwriter Chaucer has reported a 3% dip in first quarter total gross written premium income to £250.1m, which KBC Peel Hunt said shows discipline. "Despite a high level of losses to the Chilean and Deepwater catastrophes in Q1, the tone of Chaucer's IMS is positive," said the broker. "The group i

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19 May 2010 10:29

Small caps round-up: Impax, Liberty, Petards

Impax, the investment manager focused on environmental sector, saw its assets under management rise by 40% in the six months to March 31 as markets improved. 'Evidence of improving macroeconomic conditions, particularly in the United States and in the Asia-Pacific region, has resulted in continued

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18 Mar 2010 13:16

Capital & Reg still deep in red

Property fund manager Capital & Regional's full year pre-tax loss dropped to £113m compared a loss of £516m in 2008 and it is still cautious over the direction of rental values. Last year was hit by falling valuations and dilutions as a result of the part-sale of the German portfolio and capital ra

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19 Jan 2010 06:42

Tuesday tips round-up: Bunzl, Asos, Pennon

Boring it may be, but Bunzl ? the distributor of carrier bags, plastic cutlery, protective masks and thousands of other disposable items for grocers, cleaners and caterers ? is one of the stock market's best barometers. Left to its own devices, its sales can be relied upon to grow just ahead of GDP,

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14 Dec 2009 08:18

Small caps round up: Capital & Regional, Formation, ILX...

Property asset manager Capital & Regional announced that the Junction Fund has sold Kittybrewster Retail Park in Aberdeen and Slough Retail Park to Fund Managers Threadneedle Property Investments for a price of £81.74m. Capital & Regional has an interest of 13.4% in the Junction Fund. Shares in pro

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27 Nov 2009 14:06

Capital & Regional's Mall Fund sells shopping centre

Property asset manager Capital & Regional said its Mall Fund has sold Bexleyheath Shopping Centre to LaSalle Investment Management for £97.9m including a sum of £3.3m conditional upon achieving rental uplifts on certain lease renewals. The price of £97.9m represents a deemed net initial yield of 7.

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12 Nov 2009 14:11

Round-up: Capital & Regional, International Ferro, Synergy Healthcare...

Property fund manager Capital & Regional reports valuations in the UK fund businesses, particularly in retail warehouses, are trending higher in the fourth quarter. This reflects the strength of the investment market which is likely for the balance of this year to outweigh pressure on income. C&R

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20 Aug 2009 16:28

London close: Blue chips at 10½-month high

A brace of better than expected US data reinvigorated markets early afternoon Thursday, helping London close at it highest since early October. The Philadelphia Fed manufacturing index rose to +4.2 in August from -7.5 in July, while the Conference Board's index of leading economic indicators rose 0

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20 Aug 2009 14:14

London afternoon: Prices bubble over

Equity prices came off the top over the lunch-time session but remain firmly in the blue, albeit in thin trade, largely due to the strength of miners. Mining giant Rio Tinto is higher despite seeing profits falling by more than half in the six months to June 30 as it felt the impact of sharply lowe

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20 Aug 2009 12:10

London midday: Retail sales give a boost

July's retail sales figures have given a lift to an already buoyant equity market. Figures revealed sales grew 0.4% from June, putting the annual increase to 3.3%, the highest since May 2008. Economists had predicted a rise of just 0.2% for July following June's 1.2% gain and a 2.7% year-on-year imp

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