latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/summit-properties-proposes-tender-offer-and-ordinary-shares-cancellation-57147561 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Summit Properties proposes tender offer and ordinary shares cancellation

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

Summit Properties proposes tender offer and ordinary shares cancellation

Commercial property investment company Summit Properties Ltd. announced a proposed tender offer to purchase, on a pro rata basis, up to 148,275,862 ordinary shares at €1.45 per share.

The tender offer provides shareholders with an opportunity to partially realize their investment in Summit Properties by accepting the offer.

The company also announced the proposed cancellation of the admission of its ordinary shares to trading on the London Stock Exchange's AIM sub-market.

The tender offer and the cancellation are conditional upon all of the resolutions being passed at the general meeting to be held March 3, 2020, subject to shareholder approval.