Property Franchise Group (TPFG)

Sector:

Real Estate

Index:

FTSE AIM 100

487.27p
   
  • Change Today:
      2.27p
  • 52 Week High: 487.27
  • 52 Week Low: 394.00
  • Currency: UK Pounds
  • Shares Issued: 63.75m
  • Volume: 512
  • Market Cap: £310.65m
  • Beta: 0.00

Property Franchise Group continues to reject Belvoir's advances

By Josh White

Date: Thursday 02 Nov 2017

LONDON (ShareCast) - (ShareCast News) - The Property Franchise Group issued a brief statement to the market on Thursday, in response to a possible merger offer with the company by Belvoir Lettings.
Its board maintained its previous position that the possible merger offer would not be in the best interests of the group's shareholders.

"The board, holding in aggregate 49.3% of the ordinary shares, believes that the possible merger offer significantly undervalues TPFG and had accordingly unanimously rejected the unsolicited approach made by Belvoir previously on the terms disclosed," the directors of the AIM-traded company had said on 20 October, just after the possible merger offer was initially announced.

On Thursday, the board said they had maintained their position based on the same reasons.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TPFG Market Data

Currency UK Pounds
Share Price 487.27p
Change Today 2.27p
% Change 0.47 %
52 Week High 487.27
52 Week Low 394.00
Volume 512
Shares Issued 63.75m
Market Cap £310.65m
Beta 0.00

TPFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.3% below the market average69.3% below the market average69.3% below the market average69.3% below the market average69.3% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Price Trend
81.52% above the market average81.52% above the market average81.52% above the market average81.52% above the market average81.52% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Income
42.54% above the market average42.54% above the market average42.54% above the market average42.54% above the market average42.54% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Growth
81.19% above the market average81.19% above the market average81.19% above the market average81.19% above the market average81.19% above the market average
75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TPFG Dividends

  Latest Previous
  Final Interim
Ex-Div 08-May-25 19-Sep-24
Paid 02-Jun-25 04-Oct-24
Amount 12.00p 6.00p

Trades for 30-May-2025

Time Volume / Share Price
08:06 512 @ 485.65p

TPFG Key Personnel

CEO Gareth Samples
CFO Ben Dodds

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