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Empiric Student Property Increases Share Capital to Enhance Liquidity
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Empiric Student Property Increases Share Capital to Enhance Liquidity

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An update from Empiric Student Property ( (GB:ESP) ) is now available.

Empiric Student Property plc has announced an increase in its issued share capital to 663,996,844 Ordinary Shares as of 31 December 2024. This increase follows the issuance of 4,556 Ordinary Shares under the company’s 2021 SAYE Option Plan. This change in share capital allows shareholders to use the new figure for the calculation of their notifiable interests under the FCA’s rules, indicating a strategic move to enhance liquidity and potentially attract more investors.

More about Empiric Student Property

Empiric Student Property plc is a leading provider of modern, premium student accommodation, primarily through direct-let services to key UK universities. The company operates as a fully integrated student property business with a focus on premium studio-led accommodations managed via its Hello Student platform. As a real estate investment trust (REIT), Empiric is listed on the London Stock Exchange and focuses on investing in both operating and development assets in the student accommodation sector.

YTD Price Performance: -9.31%

Average Trading Volume: 1,220,779

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £549.1M

Find detailed analytics on ESP stock on TipRanks’ Stock Analysis page.

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