Davy Research

Glenveagh Properties (GLV.I, GLV ID)

  • 780.4
  • 667.0
  • 72.7

Company Profile

DUE TO THE RECENT ANNOUNCEMENT BY GLENVEAGH PROPERTIES OF A SHARE PLACING THAT CONSISTED OF A FIRM PLACING, A PLACING AND OPEN OFFER AND A SECONDARY SALE, DAVY IS NOW IN A PERIOD OF ORDINARY COURSE RESEARCH. RESTRICTIONS THEREFORE APPLY TO OUR RESEARCH COVERAGE OF GLENVEAGH PROPERTIES. Glenveagh Properties is now one of a small group of housebuilders with the financial and operational capacity to build homes at scale in Ireland. Already an established builder, it is now fully-capitalised and under the guidance of a sector-leading management team. The company looks set to deliver rapid growth and impressive financial returns over the medium term.


Major Shareholders%
Oaktree Capital Mgmt16.5
GIC Private10.2
FIL Limited 8.9
UBS7.1
Rye Bay Capital6.4
  • GLENVEAGH PROPERTIES

    Closing Price (c): 117.0

  • RATING 10/11/17

  • PREVIOUS RATING

Analyst(S)

COMPANY DATA

UPCOMING EVENTS

  • There are no upcomming events at present