Quoted Micro 5 December 2016

ISDX Kent-based brewer Shepherd Neame (SHEP) has acquired Village Green Restaurants, the operator of five freehold pub restaurants in the Maidstone and Ashford area, for £11.85m. The business made an operating profit of £900,000 on revenues of £6.6m in the year to October 2016. The cash for the acquisition has come from an extended credit […]

Quoted Micro 17 October 2016

ISDX St Mark Homes (SMAP) has launched a one-for-three open offer at 105p a share, which could raise £1.3m. The open offer price is at a large discount to NAV of 137p a share. St Mark has said that the main constraint on growth is access to capital. The money is earmarked for two new […]

Quoted Micro 20 June 2016

ISDX Residential property developer St Mark Homes (SMAP) is bidding for related company St Marks Contracts Ltd. The recommended offer is a one-for-one share swap. That looks fair as the adjusted NAV of each of the companies is around 128.5p a share. That is after St Mark Homes pays its interim dividend of 5p a […]

Quoted Micro 18 April 2016

ISDX BWA Group (BWAP) is still seeking a reverse takeover target. Trading in the shares has recommenced after a potential reverse takeover, where talks started 12 months ago, fell through. A settlement has been agreed with the potential target which will lead to a cash inflow of £76,311 for BWA. This will be recognised in […]