Glenveagh Properties (CDI)
GLV · Main Market · Consumer Products and Services · mcap £997m · €2.31 (≈193p) 6 open situations →
Open · 6
Delisting from London Stock Exchange
Glenveagh announced on 19 Oct 2026 its intention to delist from the LSE after a review of its listing structures, citing low LSE trading activity and the extra cost and regulatory burden. It keeps its primary Euronext Dublin listing and the Irish Corporate Governance Code 2024. Cancellation is effective 30 Nov 2026.
- Reason
- Review of listing structures: level of LSE trading activity, additional cost, and regulatory and administrative obligations 19 Oct 2026 ↗
- Last trading day
- Friday 27 November 2026 on the LSE 19 Oct 2026 ↗
- Effective date
- 8.00 a.m. (London time) on Monday 30 November 2026 19 Oct 2026 ↗
- Remaining listing
- Primary listing on the regulated market of Euronext Dublin continues 19 Oct 2026 ↗
- Process
- Company has asked the FCA to cancel the Official List listing; at least 20 business days' notice required 19 Oct 2026 ↗
Next: Last day of LSE trading, then cancellation of LSE listing · 27 Nov 2026
- 19 Oct 2026 Delisting announced 19 Oct 2026; FCA cancellation requested
Teleios Capital Partners LLC selling down
Next: 10.67% still held
- 17 Sep 2026 10.67%
- 8 May 2026 16%
Land sales programme
Next: €25m of land sales expected in 2027
- 10 Sep 2026 2026 guidance cut to about €20m
- 15 May 2026 On track for about €45m in 2026
- 13 Mar 2026 €55m sold in 2025; more contracted or negotiating
- 15 Jan 2026 €55m sold in 2025; more contracted or negotiating
Partnerships mandates pipeline
Next: update on conversion of about 1,000 units at full year results
- 10 Sep 2026 Order book approaching €1bn; 1,000 units in talks
- 15 May 2026 Order book about €800m; advancing as expected
- 13 Mar 2026 337 apartments contracted; 350 units subject to planning
Buyback programme
Next: further returns from H2 cash generation as buyback runs
- 10 Sep 2026 announced
FIL Limited selling down
Next: 4% still held
- 21 May 2026 4%
- 2 Apr 2026 13.9952%
Closed · 1
Company filings. Not investment advice.