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(OTE.L) O Twelve Estates Ltd Buy/Sell
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Summary
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| Date/Time | Headline | Source |
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| 02-11-09 | RNS |
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RNS Number : 7647B O Twelve Estates Limited 02 November 2009 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which
voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
notification obligation: iii
(if different from 3.):iv
which the threshold is crossed or
reached: v
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible using
the ISIN CODE
GB00B0XPT375
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi Client holdings registered in the name of Nominee companies 100% owned by Rensburg Sheppards Investment Management Limited. Proxy Voting: 10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease
12. Date on which proxy holder will cease to hold
13. Additional information: N/A
14. Contact name:
15. Contact telephone number: 0113 236 4171
This information is provided by RNS The company news service from the London Stock Exchange END
HOLUURARKURARAA More |
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| 15-10-09 | RNS |
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RNS Number : 7978A O Twelve Estates Limited 15 October 2009 O Twelve Estates Limited ('O Twelve' / the 'Company') 15 October 2009
O TWELVE ESTATES ANNOUNCES SUCCESSFUL RESTRUCTURE OF
GROUP'S LOAN FACILITIES The directors of O Twelve are pleased to announce the restructuring of the Group's loan facilities with Nationwide Building Society and the other lenders. The revised loan terms, which are substantially the same as those agreed in principle as reported in the Group's results announcement on 15 July 2009, are as follows:
Following completion of the restructuring and payment of the arrangement fee, cash balances available to the Group are £1.5 million. Phillip Rhodes, Chairman of O Twelve, said: "The completion of the loan restructuring demonstrates the confidence our lenders have in the strategy and future of the Company. In addition there are signs that the unprecedented falls in UK property valuations over the past two years have now bottomed out, enabling the Board to view the future with increasing confidence. "The Group's target area in the Thames Gateway was selected to take advantage of the urban regeneration and infrastructure projects taking place in this area and for which the 2012 Olympic Games are a major catalyst. Letting activity over the past six months has been very positive with ten new lettings totaling 164,000 sq ft completed, thus reducing the void rate from 12.5% of estimated rental value at 31 March 2009 to 10.5% today. If lettings which have been agreed and are currently in solicitors' hands are completed, the void rate would reduce further to 7%. This activity confirms the underlying resilience of the Group's target area."
For further information please contact:
Rugby Asset Management +44 (0) 20 7016 0050
David Tye
Andrew Wilson
Dido Laurimore
Rachel Drysdale
Laurence Jones
Simon Bennett Jeremy Porter Notes to Editors O Twelve was formed to establish a substantial property investment portfolio in the Thames Gateway and the adjacent areas of east London, Essex, South Hertfordshire and North Kent. Rugby Asset Management Limited ("RAM"), a subsidiary of Rugby Estates plc, is Property Adviser to O Twelve. Further information on O Twelve can be found at www.otwelveestates.com This information is provided by RNS The company news service from the London Stock Exchange END
MSCUSSNRKSRRAAA More |
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| 27-08-09 | RNS |
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RNS Number : 1094Y O Twelve Estates Limited 27 August 2009 O Twelve Estates Limited (the "Company") Results of AGM The Board of Directors of the Company confirm that at the Annual General Meeting held today the following resolutions were duly passed.
Ordinary Resolution 1 To receive and, if thought fit, to adopt the reports
Ordinary Resolution 2 To reappoint Ernst & Young LLP as Auditors and to
Ordinary Resolution 3 To re-elect Mr Rhodes, who offers himself for
Ordinary Resolution 4 To authorise the Company to buy back its own shares.
Update on Financing As reported in the Chairman's statement which accompanied the Company's results for the year ended 31 March, 2009 which were announced in July this year, significant progress has been made towards negotiating a restructuring of the loan facility with the Company's three lenders. As outlined previously Heads of Terms have been agreed and the Board expects that new facilities, substantially on the terms previously reported, will be finalised shortly. For further information please contact:
Rugby Asset Management +44 (0) 20 7016 0050
David Tye
Andrew Wilson
Stephanie Highett Dido Laurimore Fairfax I.S. Plc +44 (0) 20 7598 5368 Simon Bennett Jeremy Porter Laura Littley
Notes to Editors O Twelve, which commenced trading on AIM on 27 March 2006, was formed to establish a substantial property investment portfolio in the Thames Gateway and the adjacent areas of east London, Essex, South Hertfordshire and North Kent (the "Target Area"). O Twelve offers investors the opportunity to share in the potential growth in value in real estate in the Target Area which typically has lower property values than the south of England generally. The Company seeks to generate an attractive rate of return for shareholders by taking advantage of property acquisition opportunities in the Target Area which is benefiting from the infrastructure improvements in the run-up to the London Olympic Games in 2012. Rugby Asset Management Limited ("RAM"), a subsidiary of Rugby Estates Plc, is Property Adviser to O Twelve. Further information on O Twelve can be found at www.otwelveestates.com This information is provided by RNS The company news service from the London Stock Exchange END
RAGSEFFSWSUSEFA More |
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| 25-08-09 | RNS |
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RNS Number : 9799X O Twelve Estates Limited 25 August 2009
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
are attached:
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are
attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
date on which the threshold is crossed or reached:
crossed or reached: 8. Notified details: A: Voting rights attached to shares
if possible using
the ISIN CODE
B: Qualifying Financial Instruments Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
Number of voting rights Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Ameriprise Financial, Inc., which through intermediate holding companies controls the voting rights of Threadneedle Management Luxembourg S.A. and Threadneedle Asset Management Holdings Ltd, which itself controls the voting rights of Threadneedle Asset Management Ltd, Threadneedle International Ltd and Threadneedle Pensions Ltd Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights:
This information is provided by RNS The company news service from the London Stock Exchange END
HOLUVRORKARWUAR More |
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| 22-10-09 |
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"what does it take for a decent company's sp to actually rise at the moment?"
LOL.... I keep asking myself the same thing over and over again... (PIM this morning for instance)... I think what they need to do is announce they have secured a rig to drill a hole... Any size hole will do and they can drill it anywhere.. Its at that point the masses will arrive proclaiming the projections for theis hole are mazing and then the sp will fly.... Cynical..... Moi?..... Never... Best of luck. AE More | View thread (2) | Respond | Login to Vote up | Login to Vote down |
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| 22-10-09 | ||||
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why has this been falling?
what does it take for a decent company's sp to actually rise at the moment? More | View thread (2) | Respond | Login to Vote up | Login to Vote down |
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| 20-10-09 |
BUY
Re: low volumes
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Its all small PI's....
The rush in volume was the lets get rich quick brigade... The shrewder, larger players are all about.. Witness trade volume size, and wait also for the delayed trades to start filtering through... Best of luck. AE More | View thread (2) | Respond | Login to Vote up | Login to Vote down |
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| 19-10-09 | ||||
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not very much happening today hoping it will be the lull before the storm in the next few days/weeks
More | View thread (2) | Respond | Login to Vote up | Login to Vote down |
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