Secure Property Development & Investment
SPDI · AIM · Real Estate · mcap £0.5m · 0.4p 2 open situations →
- EV
- £858k
- EV / EBIT
- –
- Net debt
- £339k
- FCF yield
- -585.3%
- Revenue
- £71k
- Share price 1y
- −77%
- Insiders 12m
- no deals
- Next report
- around 29 Jun
Timeline · every situation
dots = announcementsOpen · 2
Large acquisition / reverse takeover◷ in 66 days
AdvEn reverse takeover
Talks substantially stalled; shell sale planned regardless
Next: Talks resume, or shell monetised without AdvEn by end-2026 · 31 Dec 2026
- 30 Sep 2026 Talks substantially stalled; shell sale planned regardless
- 30 Jun 2026 Talks, due diligence and business plan reviews ongoing
- 7 Apr 2026 Amended heads of terms; Adven to acquire SPDI
- 5 Mar 2026 Loan unpaid after 28 Feb; terms being renegotiated
Capital return
Arcona share distribution
New custodian engaged, distribution commenced in Q3 2026
Next: Complete distribution of Arcona shares to eligible shareholders
- 30 Sep 2026 New custodian engaged, distribution commenced in Q3 2026
- 30 Jun 2026 Process begun, still ongoing
Company filings. Not investment advice.