Objective
To provide a total return from a combination of capital growth and an appropriate dividend policy through the acquisition and active management of commercial property predominantly in the Channel Islands.
Management group
Ravenscroft
Launch date
17/11/2010
Domicile
Guernsey
Fund manager
Andy Taylor, Jim McInnes
Dividend frequency
Quarterly
Wind-up provisions
A Special Resolution was passed by the members of the Company at an EGM held on 28 September 2018, that the term of the Company be extended indefinitely, subject to the ability for shareholders who together hold at least 15% in number of the shares in the Company, to place a continuation vote on the agenda of the 2023 Annual General Meeting (AGM) and each AGM falling on every fifth anniversary thereafter, to be voted on as an Ordinary Resolution. The Company’s 2023 AGM was held on 2 March 2023 and no such request had been received from shareholders.Therefore, the next continuation vote year would be at the AGM in March 2028.
Market Cap (m) Total assets (m) Price (last close) NAV Discount / premium (%) Gearing (%) Dividend yield (%) Dividend dates Ongoing charge (%)
269.05 N/A 93.43 N/A 75 N/A Mar, Jun, Sep, Dec N/A
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Note

Dividends

Dividends declared in last 12 months

Ex-Dividend date Payment date Dividend amount Special dividend Financial year
08/11/2023 30/11/2023 1.650 No 2023
08/08/2023 31/08/2023 1.650 No 2023
04/05/2023 31/05/2023 1.650 No 2023
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Performance (%)

Return type 1 year 3 years 5 years 10 years
Channel Islands Property Share price total return N/A N/A N/A N/A
Property - UK Commercial AIC sector Share price total return 2.0 3.4 -8.9 27.4
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Share structure

Number of shares
159,892,798

Traded volumes (number of shares)

  Yesterday 1 month 1 year 5 years
Total 0 0 0 0
Average N/A 0 0 0
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Traded values (m)

  Yesterday 1 month 1 year 5 years
Total 0 0 0 0
Average N/A 0 0 0
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Trading details

ISIN TIDM Traded currency Stock exchange
GG00B62DS151 CIP GBX THE INTERNATIONAL STOCK EXCHANGE
Channel Islands Stock Exchange
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Top holdings

Data as at : 31/03/2022

Investment % of total assets
Investment Properties 92.8
Cash And Cash Equivalents 3.0
Receivable On Rental Incentives 2.9
Derivative Financial Instruments 1.2

Morningstar logo Data provided by Morningstar.

FE fundinfo logo Company documents provided by FE fundinfo.