Donnerstag, 01.07.2021 17:00 von PR Newswire | Aufrufe: 135

SECURED PROPERTY DEVELOPMENTS PLC - Final Results

Eine Tageszeitung (Symbolbild). pixabay.com

PR Newswire

London, June 30

For a PDF version of the announcement please click on the following link - https://mma.prnewswire.com/media/1556135/Secured_Property_Developments_PLC__Final_2020_Accounts.pdf

REGISTERED NUMBER: 02055395 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 31st December 2020

for

Secured Property Developments Plc

ARIVA.DE Börsen-Geflüster

Kurse

Frasers Group plc

9,205 €

-2,23%

Contents of the Consolidated Financial Statements

for the Year Ended 31st December 2020

Page

Company Information

for the Year Ended 31st December 2020

DIRECTORS: R E France

R A Shane

SECRETARY:

I H Cobden

REGISTERED OFFICE: Unit 6

42 Orchard Road

London

N6 5TR

REGISTERED NUMBER: 02055395 (England and Wales)

AUDITORS: Lubbock Fine LLP

Chartered Accountants & Statutory Auditors

Paternoster House

65 St. Paul's Churchyard

London

EC4M 8AB

SHARE DEALING:

The Company’s Ordinary shares are quoted on the

AQSE growth market (previously the NEX Market) and

Persons can buy or sell shares through their stockbroker.

REGISTRARS:

Avenir Registrars Ltd

5 St. John's Lane

London

EC 1M 4BH

ylva.baeckstrom@avenir-registrars.co.uk

www.avenir-registrars.co.uk

Telephone 020 7692 5500

SHARE PRICE:

The middle market price of the Ordinary shares was quoted

At 31 December 2020 on the AQSE growth market (previously the NEX Market) at 17.50 pence per share (2019: 17.5 pence per share)

SECURED PROPERTY DEVELOPMENTS PLC

Unit 6 ,Orchard Mews ,42 Orchard Road

Highgate,London N6 5TR

Tel: 020 8446 6306 Fax: 020 8446 8975

Secured PLC Accounts Year end 31 12 20

Page 2

Notice of Meeting

NOTICE IS HEREBY GIVEN that the twenty ninth Annual General Meeting (AGM) of Secured Property Development plc will be held at Unit 6 Orchard Mews,42 Orchard Road, Highgate, London

N6 5TR on 28^th July 2021 at 10am for the purposes shown below.

As a result of the current environment the Company notes the restrictions on public gatherings imposed by the Government.

The Company notifies it shareholders that physical attendance in person at the AGM will not be possible. The Board encourages shareholders to send in their votes by post, or to appoint the Chair of the meeting as their proxy with their voting instructions.

All valid proxy votes, whether submitted electronically or in hard copy form, will be included in the poll to be taken at the meeting.

Shareholders are urged to register their proxy appointment electronically by 10:00am on 28^th July 2021.

If shareholders prefer to return a hard copy Form of Proxy (Proxy) they should do so in accordance with the instructions on the Proxy.

The Board is disappointed that they have to adopt these measures and appreciate shareholders’ understanding in these unprecedented circumstances.

By Order of the Board

IH Cobden

Secretary Date: 28 June 2021

Notes:

SECURED PROPERTY DEVELOPMENTS PLC

Unit 6 ,Orchard Mews ,42 Orchard Road

Highgate,London N6 5TR

Tel: 020 8446 6306 Fax: 020 8446 8975

Chairman’s Statement Year End 31st December 2020

The Coronavirus pandemic has dominated the year. HM Government introduced our first national lockdown in March 2020.The lockdown has continued and hopefully will come to an end in June 2021.

However, the world has changed and traditional forms of economic activity have been severely disrupted.

The UK has left the EU with a trade deal .The longer term impacts for the UK are still to be determined.

The successful roll out of the national vaccination programme will hopefully result in a sustained recovery for the economy.

The Board has continued to reduce overheads and as a result we are in a good financial position.

R.A.Shane

Chairman

Company No. 2055395

Registered office: as above

Secured Property Developments Plc

Group Strategic Report

for the Year Ended 31st December 2020

Business Model

At Secured Property Developments, we focus on maximising the return from our portfolio of properties whilst looking for new acquisitions where we can, by development, increase value and thereby create value for shareholders.

We create value by:

Acquiring properties

- We seek to acquire properties and unlock value.

Optimise Income

- Optimising income by development and carrying out improvements and good estate management.

- Employ our knowledge of occupiers' needs to let to high quality tenants from a wide range of businesses and to minimise the level of voids in our portfolio and

- Collecting our rental income on due dates.

Recycle Capital

- Identify properties for disposal where value has been optimised and dispose of those which do not fit the Group's long-term plans.

Maintain robust and flexible financing

- Negotiate flexible financing and retain a healthy level of interest cover and gearing.

PRINCIPAL RISKS AND UNCERTAINTIES

Mehr Nachrichten zur Frasers Group plc Aktie kostenlos abonnieren

E-Mail-Adresse

Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.