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Land Securities Group PLC (LAND.L)

LAND.L on London Stock Exchange

926.00GBp
20 Aug 2018
Change (% chg)

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926.00
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1,878,533
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1,083.73
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900.20

Latest Key Developments (Source: Significant Developments)

Land Securities Says Stacey Rauch Becomes Member Of Remuneration Committee
Friday, 13 Jul 2018 

July 13 (Reuters) - Land Securities Group PLC ::BOARD AND COMMITTEE CHANGES.STACEY RAUCH HAS BECOME A MEMBER OF REMUNERATION COMMITTEE.  Full Article

Land Securities Says Interim Dividend For 2018/19 Will Be 11.3p/Share
Friday, 13 Jul 2018 

July 13 (Reuters) - Land Securities Group Plc ::CONFIRMATION OF FIRST INTERIM DIVIDEND.CONFIRMS THAT FIRST INTERIM DIVIDEND FOR 2018/19 WILL BE 11.3P PER ORDINARY SHARE.  Full Article

Land Securities Authorises A Purchase Programme
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Land Securities Group Plc ::AUTHORISED A PURCHASE PROGRAMME; CO MAY BUY CERTAIN NOTES ISSUED BY LAND SECURITIES CAPITAL MARKETS PLC.  Full Article

Land Securities names Cressida Hogg as chairwoman
Tuesday, 15 May 2018 

May 15 (Reuters) - Land Securities Group PLC ::LANDSEC ANNOUNCES APPOINTMENT OF CRESSIDA HOGG AS NON-EXECUTIVE CHAIRMAN WITH EFFECT FROM COMPLETION OF AGM ON 12 JULY 2018..CRESSIDA WILL SUCCEED DAME ALISON CARNWATH WHO WILL RETIRE FROM BOARD ON THAT DATE, HAVING JOINED BOARD IN 2004 AND BECOME CHAIRMAN IN 2008..  Full Article

Land Securities Says FY Revenue Profit Increased By 6.3%
Tuesday, 15 May 2018 

May 15 (Reuters) - Land Securities Group PLC ::FINAL DIVIDEND 14.65 PENCEPER SHARE.FY REVENUE PROFIT INCREASED BY 6.3% TO £406 MLN.FY ADJUSTED DILUTED EARNINGS PER SHARE ROSE BY 9.9% TO 53.1P.SLIGHT REDUCTION IN FY ADJUSTED DILUTED NET ASSET VALUE PER SHARE TO 1,403P.FY LOSS BEFORE TAX OF 251 MILLION STG VERSUS PROFIT OF 112MLN STG.COST OF REFINANCING WAS BEHIND BOTH LOSS FOR YEAR OF £251M AND SLIGHT REDUCTION IN ADJUSTED DILUTED NET ASSET VALUE PER SHARE TO 1,403P..DEMAND FROM OFFICE OCCUPIERS WAS SOMEWHAT STRONGER IN FY THAN WE ANTICIPATED AND DEMAND FROM RETAILERS WEAKER..AS UK PREPARES FOR EXIT FROM EU, NAVIGATING UNCERTAIN WATERS IN NEAR TERM AND EXPECT INVESTMENT AND LEASING VOLUMES IN PROPERTY MARKET TO BE MORE SUBDUED."REMAIN CONFIDENT IN OUR VIEW THAT LONDON WILL CONTINUE TO BE A WORLD-CLASS CITY WITH OPPORTUNITY FOR OUR CUSTOMERS AND FOR LANDSEC"."WORKING ON A GROWING PIPELINE OF DEVELOPMENT OPPORTUNITIES IN LONDON AND ARE READY TO BUY WHEN WE THINK TIME IS RIGHT"."RETAIL MARKET CONTINUES TO BE AFFECTED BY STRUCTURAL CHANGE IN SHOPPING HABITS AND HAS BEEN IMPACTED BY WEAKER CONSUMER CONFIDENCE ".  Full Article

Land Securities Group Announces Results Of Tender Offers
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Land Securities Group Plc ::LAUNCHED SEPARATE INVITATIONS TO HOLDERS OF THREE TRANCHES OF ITS BONDS TO TENDER THEIR NOTES FOR CASH.CONFIRMED IT WILL ISSUE A £350M BOND WITH A MATURITY OF 9 YEARS, PAYING A COUPON OF 2.375%.  Full Article

Land Securities says ‍headwinds of Brexit starting to show in economy
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Land Securities Group Plc :INTERIM DIVIDEND UP 10.1 PERCENT TO 19.7 PENCE PER SHARE.REVENUE PROFIT IS UP 5.2% AND ADJUSTED DILUTED EARNINGS PER SHARE ARE UP 5.8% FOR SIX MONTHS ENDED 30 SEPTEMBER 2017​.‍VALUATION OF COMBINED PORTFOLIO IS LITTLE CHANGED, ADJUSTED DILUTED NET ASSET VALUE PER SHARE IS UP 1.1% VALUATION OF COMBINED PORTFOLIO IS LITTLE CHANGED, ADJUSTED DILUTED NET ASSET VALUE PER SHARE IS UP 1.1%​.‍SALE OF 20 FENCHURCH STREET, EC3 AT AN EXCEPTIONAL PRICE DEMONSTRATED OUR DISCIPLINED APPROACH TO MANAGING CAPITAL​.‍ SALE OF 20 FENCHURCH STREET CRYSTALLISED A 170% PROFIT ON COST AND SIGNIFICANT VALUE FOR SHAREHOLDERS​.‍HEADWINDS OF BREXIT ARE BEGINNING TO SHOW IN ECONOMY​.‍ACQUISITIONS, DEVELOPMENT AND REFURBISHMENT EXPENDITURE OF £463M​.‍FIRST HALF DIVIDEND OF 19.7P, UP 10.1%​.‍"NEGOTIATIONS WITH EU ARE MOVING MORE SLOWLY THAN BUSINESSES WOULD HAVE HOPED. COUPLED WITH POLITICAL UNCERTAINTY, THIS IS LEADING TO CAUTION"​.‍"IN LONDON, WE ARE HAPPY NOT TO BE DELIVERING SPECULATIVE BUILDINGS IN SHORT TERM"​.‍"OVER NEXT SIX MONTHS, WE WILL CONTINUE TO FOCUS ON ASSET MANAGEMENT AND PREPARATIONS FOR FUTURE INVESTMENT AND DEVELOPMENT"​.REVENUE PROFIT OF £203M IN SIX MONTHS ENDED 30 SEPTEMBER 2017 (VERSUS £193M)‍​.LOSS BEFORE TAX £(33)M IN SIX MONTHS ENDED 30 SEPTEMBER 2017 (VERSUS £(95)M)‍​.  Full Article

Interserve wins facilities management account with Land Securities
Monday, 17 Oct 2016 

Interserve Plc : Contract win . Interserve wins £37.5 million facilities management account with Land Securities .Will provide a range of services including security, cleaning, customer service support and waste management, across eight of Land Securities' flagship shopping centres.  Full Article

Land Securities says ADR programme terminated
Monday, 5 Sep 2016 

Land Securities Group Plc : American depositary receipt ("ADR") programme was terminated as of 1 September 2016 .Depositary will attempt to sell remaining ordinary shares held on deposit.  Full Article

RPT-UPDATE 1-Land Securities NAV dips on refinancing costs, names new chairwoman

May 15 Land Securities, Britain's largest listed property developer, posted a slight fall in full-year adjusted net asset value per share on Tuesday, hurt by the cost of refinancing bonds, and said it named Cressida Hogg as new chairwoman.