Black Sea Property Plc
Black Sea Property PLC is a real estate company with a focus on investments in Bulgaria. The Board is seeking to create a diverse portfolio of opportunistic and value-added assets and may look at opportunities and investments in neighbouring countries.
The Board will seek to invest in:
Distressed residential projects, primarily in the largest cities in Bulgaria, which are close to completion and capable of generating sales revenue within 12 months from the initial investment;
Commercial buildings, primarily in Sofia, with opportunities to improve occupancy;
Hotels and holiday homes with opportunities to improve operations and cost structure; and
Distressed companies and assets that need restructuring and further financing, capable of offering a high growth potential.
The targeted size of each individual investment is anticipated to be in the range 5-20 per cent of the overall funds under management. The Company intends to use gearing levels of up to 70 per cent loan to value when acquiring real estate assets.
| Symbol | Ccy Code | Bid | Ask | Mid | Previous Close | Volume | Last Traded |
|---|---|---|---|---|---|---|---|
| BSP | EUR | 0.0115 | 0.0125 | 0.012 | 0.012 | 1250000 | 08/07/20 |
MiFID II compliant pre- and post-trade transaction data is available here. The data is delayed by at least 15 minutes and will be refreshed every 15 minutes. Publication of trades in equity securities that are large in scale compared to normal market size and illiquid non-equity securities may be delayed if the trade is eligible for deferred publication in accordance with the trading rules of Aquis Stock Exchange and MiFIR. Further details as to when the publication of a trade may be deferred are set out in the trading rules which are available here.
Key Information
| Market Cap: | £21759883.236 |
| ISIN: | IM00BYQLTS50 |
| Par: | 0 |
| Inst Type: | Ordinaries |
| Symbol: | BSP |
| MIFID Status: | MTF |
| Tradable securities in issue: | 1,813,323,603 |
| Sector: | Real Estate Investment & Services |
Latest Trades
| Date & Time | Volume | Price |
|---|---|---|
| 08/07/20 | 16:08:11 | 500000 | 0.0115 |
| 08/07/20 | 16:07:59 | 500000 | 0.011 |
| 08/07/20 | 15:36:50 | 250000 | 0.01 |
| 15/06/20 | 14:09:47 | 20000 | 0.011 |
| 17/04/20 | 11:25:21 | 250000 | 0.0117 |
| 17/04/20 | 11:25:11 | 250000 | 0.0115 |
| 27/03/20 | 12:53:45 | 750000 | 0.0116 |
| 27/03/20 | 12:51:54 | 750000 | 0.0115 |
| 26/03/20 | 15:28:45 | 35000 | 0.011 |
| 04/03/20 | 11:55:33 | 100000 | 0.0125 |
Latest Announcements
| Date & Time | Title |
|---|---|
| 26/10/20 | 16:40:00 | Black Sea Property - Resignation of a Director |
| 30/09/20 | 11:17:00 | Black Sea Property - Half-year Report |
| 30/07/20 | 09:21:00 | Annual Financial Report |
| 29/06/20 | 16:40:00 | Black Sea Property - Extension of Reporting Deadline |
| 04/06/20 | 17:53:00 | Black Sea Property - Business and Covid-19 Update |
| 12/03/20 | 14:43:00 | Black Sea Property - Change of Registered Office |
| 25/02/20 | 14:18:00 | Black Sea Property - Completion of Acquisition in ECDC Group |
| 31/01/20 | 17:03:00 | Black Sea Property - Acquisition |
| 31/01/20 | 12:13:00 | Black Sea Property - Total Voting Rights |
| 24/01/20 | 07:00:00 | Black Sea Property - Completion of EUR4.58m Placing and Debt Conversion |
Address
Business Address
Black Sea Property Plc, FIM Capital Limited, 55 Athol Street, Douglas, IM1 1AP, Isle of Man.
Phone: +44 (0)1624 681250
Registered Address
FIM Capital Limited, 55 Athol Street, Douglas, IM1 1AP, Isle of Man.
Contacts
Corporate Adviser
Peterhouse Capital Ltd, 3rd Floor, 80 Cheapside, London, United Kingdom.
Email: info@pcorpfin.com
Phone: +44 (0)20 7469 0930
Registrar
Share Registrars Ltd, The Courtyard, 17 West Street, Farnham, Surrey, GU9 7DR, United Kingdom.
Email: enquiries@shareregistrars.uk.com
Phone: 01252 821390
Research
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