Fletcher King

FLK · AIM · Real Estate · mcap £3.2m · 31.5p 1 open situation →

Fletcher King is a UK commercial property consultancy offering agency, investment, valuation and management advice. It earns fees from transactions and from steadier recurring work such as property management.

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2026 Staged sale of Fletcher King Services

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Disposal of a part (break-up)

Staged sale of Fletcher King Services

Phase 1 completed; option over remaining 50% pending

Shareholders approved the staged sale of the services business to Lexington One Limited at the General Meeting on 26 October 2026, following the circular of 7 October 2026. Phase 1 completed on 4 November 2026: 50% of FKS transferred for £200,000. A put/call option covers the remaining 50% for £650,000 in cash. The board has changed and now looks for acquisitions.

Buyer: Lexington One Limited 4 Nov 2026 ↗
Business sold: 50% of Fletcher King Services Limited (FKS), completed 4 November 2026 4 Nov 2026 ↗
Price: £100,000 Initial Payment plus £100,000 Balance Payment for the first 50% 4 Nov 2026 ↗
Option: Put Option for the Company, then Call Option for the Buyer, over the remaining 50% for £650,000 cash 4 Nov 2026 ↗
Approval: Shareholders approved at the General Meeting on 26 October 2026 4 Nov 2026 ↗
Use of money: No use of proceeds stated; the board will evaluate property-related investments and acquisitions 4 Nov 2026 ↗

Next: Put/call option over the remaining 50% of FKS

4 Nov 2026 Phase 1 completed; option over remaining 50% pending

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Company filings. Not investment advice.