I like these!

They hit the floor when relegated from the FTSE 250 but they are starting to make some very nice noises! - Debt refinanced, trading good etc.

Their resuts are only 3 weeks away perhaps things will get exciting

No interest?

Yep,i totally agree with you have been buying over the last 3 weeks or so,as yet cannot find a date for result but will be adding over the next feww weeks as well.

Do you have a firm date for the results.

Caps have it Full year 06/02, 07/03 Ex - Divi date.

Thanks Chris.

19 January 2012

St. Modwen Properties PLC

Notice of Full Year Results

St. Modwen Properties PLC, the UK's leading regeneration specialist, will announce results for the year ended 30 November 2011 on Tuesday 7 February 2012.

thanks skinny

Been adding a few more SMP this morning @113.5

I'm sure there would be more interest if the construction side was more visible!

Oh going then - just had a dabble @114.25 (small only).

Buy order in on the spreads @ 117.0.

JRM - any chance of a chart in the header?

a better day today

Stonking volume (not) today!

Looking up again - but (again) volume minimal.

Crucial turning point - £1.20?

Starting to look quiet interesting - results next Tuesday (7th).

skin mms seem to be pushing the sp up on very small volume?

Yes, although looking at the charts above, its never really had regular high volumes.

Anyway, still moving in the right direction - lets see what the 7th brings.

Through 130 atm - still minimal volume.

Nice wish I'd bought mor. AHHHHHHHH!

Stop to entry for risk free trade.

stops moved up to lock in more profit,looking for more before the results.

Just quoted 131.25 to sell so hopefully a bit more to come.

Stop to 125.0 to lock in + 8.0

Stop to 129.0 to lock in + 12.0

Eyes down - finals tomorrow.

I hope they'll be ok. However I've only a small amount in them, so...........

Stop to 135.0 to lock in + 18.0

I'LL RISK IT!

It's not long since IC said Buy at 1.80!

Out @ 142.0 + 25

Maybe a shrewd move Chris.

Wont lose any sleep over it either way skinny :O)

Final Results.

Financial highlights

-- Profit before tax up 34% to GBP50.4m (2010: GBP37.5m).
-- Shareholders' NAV up 9% to 232p per share (2010: 213p per share), and EPRA NAV up 9% to 250p per share (2010: 229p per share).

-- Realised property profits up 9% to GBP23.8m (2010: GBP21.9m)
-- Net rents up 5% to GBP35.5m. (2010: GBP33.7m).
-- Valuation gains of GBP34m (2010: GBP23m) in a flat market, of which GBP33m (2010: GBP18m) of these gains were driven by active management and planning gain.

-- Gearing at year end of 73% (2010: 72%). All corporate on-balance sheet facilities extended until at least 2014.

-- Terms agreed for new five year debt facilities on KPI joint venture.
-- Dividends for the year increased 10% to 3.3p per share.
Operational highlights

-- Secure development programme for 2012 with commercial developments already on site to deliver in excess of GBP15m profit in 2012.

-- Positive outlook for residential land with good levels of housing sales already achieved and strong on-going demand.

-- Excellent relationship with principal partners Persimmon, Vinci and Salhia: well placed to deliver growing returns in 2012 and beyond.

-- Substantial future pipeline in place, with significant opportunities emerging at:
o Elephant & Castle

o Swansea University

o Longbridge

o Project MoDEL

closed all my positions in SMP for a nice amount :o)

Just sold @149.4 +35.15 - maybe too early as the offer price went up on my sale!!!

Amazing the way it keeps going up seems to be on a mission, not chasing it, was expecting at least some profit taking. Never traded it before 07/03 Ex Divi Date, 20/03 Trading statement,02/04 Final Divi payment.

Yes - looks like a cockup - some sizeable buys going through now - c'est la vie!

A nice rise. Should have had more, but still it's good to have some!

Have you sold JRM?

No, I need to check the market capital there could be a chance of re-inclusion in the FTSE 250 and IC will probably put it as a Buy on Friday, Shares may even like it, it's drifting a little but the run has been good

Good luck!

I would be tempted to buy again on any decent retracement and sold mainly because of the rapidity of the rise.

Ditto skinny :O)

Director buying @£1.525 and £1.54

Ditto skinny :o)

Well held JRM.

160 old support now resistance?

That looks nice! Must be getting close to getting back into the FTSE 250 that would push them higher!

skinny - just tried to place a buy order with Cap Spreads @ 162.2, informed no longer taking bets doesn't fit their criteria any more :O) any knowledge if CMC or IG still have it on board? Time I opened a new account with a second s/bet company, caps getting far to 'picky' last month FCCN was removed from their platform.

Chris - I bought old fashioned shares, but the cash bet is still listed on CMC.

Cheers skinny.

I was starting to get a little bored, but it's sprung back into life! Can it get back into the FTSE 250?

It doesn't seem to have enjoyed a builder bounce this week. A shame!

Date: 27 March 2012
ST. MODWEN PROPERTIES PLC
("St. Modwen" or the "Company")

St. Modwen and VINCI PLC Joint Venture named as preferred bidder for the £2 billion regeneration of New Covent Garden Market

- Development of a new 500,000 sq ft market releasing 20 acres of land in Central London for the delivery of 2,800 new homes adjacent to the new US Embassy-

The Covent Garden Market Authority has selected VSM Estates, the Joint Venture between VINCI PLC and St. Modwen (LSE: SMP), the UK's leading regeneration specialist, as its chosen Development Partner for the redevelopment of the New Covent Garden Market in Nine Elms. The multi-phased project has a gross development value of around £2 billion and involves a complete rationalisation of the 57 acre site over a five year period.

The New Covent Garden Market regeneration comprises the development of a new, 500,000 sq ft modern facility to house the current c200 businesses that make up the UK's largest fruit, vegetable and flower market. This will be funded by the release and redevelopment of 20 acres of surplus land into a residential led mixed-use regeneration scheme.

The contract is subject to the grant of a full planning consent for VSM Estates' scheme with construction expected to commence by mid 2013. Construction will initially focus on the building of the new market ahead of a multi-phased move of the traders into the new purpose-built facility between mid 2014 and 2018.

Commenting on the appointment, Bill Oliver, chief executive of St. Modwen, said: "We are very pleased to have won the contract to develop the New Covent Garden Market site. We believe our success is down to our extensive experience in delivering highly complex regeneration schemes such as this, in partnership with a global leading construction and concessions business in Vinci."

Commenting on the contract win, John Stanion, Chairman and Chief Executive, VINCI PLC, said: "As part of a leading global construction and concessions company we are delighted to be working with the Covent Garden Market Authority to deliver this particularly complex project. Our focus on developing a solution that enables the market to continue to trade efficiently throughout the construction programme has been critical in our success. This important contract builds upon our strong existing partnership with St. Modwen."

ENDS

RNS Number : 6651A

St. Modwen Properties PLC

03 April 2012

3 April 2012

St. Modwen Properties PLC

("St. Modwen" or "the Company")

KPI Joint Venture Refinancing Completed

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist is pleased to confirm that it has completed its previously announced GBP135m refinancing for its Key Property Investments ("KPI") joint venture. The five year facility extends until March 2017.

None of St. Modwen's existing corporate or joint venture debt facilities now require renewal before 2014.

Interim Management Statement.

ST. MODWEN PROPERTIES PLC
("St. Modwen" or the "Company")
INTERIM MANAGEMENT STATEMENT FOR THE PERIOD TO 4 APRIL 2012

CONTINUED STRONG OPERATIONAL PROGRESS

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, is pleased to announce that the business has continued to perform well since the announcement of its 2011 annual results on 7 February 2012. Our profits and cashflows are in line with our expectations, we are very pleased that we have been selected, in joint venture with VINCI PLC, for the major £2bn regeneration of New Covent Garden Market in Nine Elms, London, and that we have completed the previously announced refinancing of our Key Property Investments ("KPI") joint venture.

Update on Uxbridge.

Pre-close Trading Update.

Notice of Half Year Results

St. Modwen Properties PLC, the UK's leading regeneration specialist, will announce interim results for the six months ended 31 May 2012 on Tuesday 3 July 2012.

Yesterday's bullish engulfing flag seems to be following through today.

SP moves on the back of tiny volume?

Halifax - yes normally very thin volumes - 12 month high today @202p

It must be getting close to FTSE 250 inclusion. That would spark a re-rating. Come on!

Up another 3.7% today.

I spotted this whilst I was looking for a decent chart to spread bet. Courtesy of skinny, I though that bullish engulfing candle was a dead cert but I was put off by the 4p spread on IG so didn't bother. Sort of regretting that now, as I'd be well in profitt with a stop at entry for a risk free trade and I think this has much further to go. I think the spread was 190p-194p at the time.

Excellent volume today and new 12 month+ high.

£2.20 nice. FTSE 250 is getting closer........

Gutted :(

They should be a bit more stable now they're back in the FTSE 250

Blackrock Above 5%

Interim Management Statement

CONTINUED PROGRESS - EXPECTATIONS UNCHANGED

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides an interim trading update for the period to 30 September 2012.

The Company is pleased to announce again that the business is performing well since the half year statement issued on 3 July 2012. The revenue stream arising from our residential portfolio and major projects is experiencing strong growth and as a result of our regional teams' intensive asset management capability, our net rental income continues to more than cover the running costs of the business. Consequently, our profit outlook for the full year remains unchanged, building on the very strong results produced in the first half of 2012.

Issue of 6.25 per cent. Sterling Bonds due 2019 (the "Bonds")

Sizing Announcement

Trading Update

RESULTS TO BE IN LINE WITH MANAGEMENT'S EXPECTATIONS

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update for the financial year ended 30 November 2012.

Since the interim management statement issued on 1 October, the Company can confirm continued good performance of the business, driven by its robust business model and ability to add value to its portfolio via planning gains and intensive asset management. As a result, St. Modwen's expectations for the full year remain unchanged, building on the strong results produced in the previous financial year.

Norges Bank above 3%

Contract signed for New Covent Garden Market

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, and its joint venture partner VINCI PLC have signed a contract with the Covent Garden Market Authority ("CGMA") to be the development partner for the New Covent Garden Market site in Central London. The landmark multi-phased project has a gross development value of around £2 billion and will entail the rationalisation and master planning of the entire 57 acre site situated next to Vauxhall Cross, Nine Elms.

Final Results

Financial Highlights

· Shareholders' NAV up 8% to 251p per share (Nov 2011: 232p per share), and EPRA NAV up 9% to 272p per share (2011: 250p per share)
· Profit before all tax £52.8m (2011: £51.7m)
· Realised property profits up 22% to £29.0m (2011: £23.8m)
· Net rental income continues to grow to £36.2m (2011: £35.5m)
· 12% increase in net trading profit to £25.5m (2011: £22.8m)
· Gearing at year end of 71% (2011: 73%) and completion of a successful £80m retail bond issue providing substantial headroom in facilities
· Final dividend for the year increased by 10% to 2.42p per share, providing a total dividend for 2012 of 3.63p

Operational Highlights

· Valuation gains of £48m (2011: £33m) generated through active asset management and planning gains, offsetting £20m market driven valuation loss (2011: £1m profit)
· Continued positive outlook for residential land with London residential transactions driving valuation gains
· On track to deliver target of shareholder equity NAV of 300p per share by November 2015
· £2bn regeneration of New Covent Garden Market signed, providing a major opportunity in Central London and considerable potential to add further upside to targetted NAV
· Swansea University £150m development to commence on site in H1 2013

Development Terms Agreed with Swansea University

ST. MODWEN AGREES TERMS TO DELIVER THE £150M FIRST PHASE OF SWANSEA UNIVERSITY'S SCIENCE AND INNOVATION CAMPUS

ANALYST AND INVESTOR SITE VISIT

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, will today host a site visit for analysts and investors at New Covent Garden Market, London. Together with a tour of the area, the visit will include presentations on New Covent Garden Market, Swansea University and the Company's recently announced full year results to 30 November 2012. No new material information will be disclosed in the presentations.

The presentations will be available shortly on St. Modwen's website at: www.stmodwen.co.uk

Proposed Placing

St. Modwen announces today its intention to place up to 20,016,057 new ordinary shares of 10 pence each in the capital of the Company (the "Placing").

St. Modwen is the UK's leading regeneration specialist. The Group operates across many sectors of the property market, via a network of seven offices and a residential business and through joint venture or collaboration arrangements with public sector and industry-leading partners. The Group's £1.1bn property portfolio and its actively managed land bank of development opportunities comprising more than 5,800 developable acres are located in the UK. The Group is focused wholly upon regeneration and the long-term development of commercial and residential property, and has a 25 year track record of adding value by managing schemes through the planning process, remediating contaminated land and pursuing an active programme of asset management and development.

RESULTS OF PLACING

St. Modwen is pleased to announce the successful completion of the placing announced earlier today (the "Placing").

A total of 20,016,057 new ordinary shares of 10 pence each in St. Modwen (the "Placing Shares") have been placed by J.P. Morgan Securities plc (which conducts its UK investment banking business under the name J.P. Morgan Cazenove) ("JPMC") and Numis Securities Limited ("Numis") (together, the "Joint Bookrunners") at a price of 245 pence per Placing Share, with existing and new institutional investors, raising gross proceeds of approximately GBP49 million. The Placing Shares represent approximately 9.99% of the issued ordinary share capital of the Company prior to the Placing.

Numis Add 258.40 257.00 259.00 280.00 Downgrades

Interim management Statement

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, is pleased to announce that the business has continued to perform well since the start of the financial year with profits and cash flows in line with our expectations.

We have completed two important milestones in the period; first, the share placing announced on 26th February 2013 which raised gross proceeds of £49m, which will allow us to exploit the potential of the development at the New Covent Garden Market site in Nine Elms, London without the need to increase the debt leverage on the Company's balance sheet, thereby enabling the Company to use its existing resources to deliver our other major pipeline projects. Secondly, our development agreement with Swansea University for the provision of the first phase of its £450m new Science and Innovation Campus has been signed and is now unconditional.

Residential Business
Our residential business is performing strongly with good ongoing demand for our land. We continue to secure predominantly residential-led planning consents across our land bank, whilst works are progressing well across all of our live residential sites.

Good sales rates are being achieved and future profit from residential development remains in line with the expectations set out as part of our 2012 results announcement. The Government's new equity loan scheme, 'Help to Buy', launched in the recent Budget, opens up the opportunity for a wider range of prospective purchasers to get onto the property ladder. At our residential sites across the UK we have already seen the advantages that such schemes can have and we will be introducing Help to Buy across our St. Modwen Homes sites which are priced under the £600,000 threshold.

Commercial Land and Development
As announced on 20th March, we have now signed the development agreement with Swansea University to deliver the first phase of its £450m new Science and Innovation Campus. At the same time, we completed the sale of income from the student accommodation to the M&G Secured Property Income Fund, advised by PRUPIM, for £32m. The completion of the two transactions means that our agreement with Swansea University is now unconditional and that the project is now fully funded. We plan to start on site with the development of this transformational project in May.

In addition to Swansea University, our ongoing projects for 2013 and beyond continue to progress well. In May 2013, we are due to complete the first phase of the £70m Town Centre at Longbridge which includes an 80,000 sq ft food store pre-sold to Sainsbury's, a 75 bedroom Premier Inn, Beefeater Grill, 24 shops, restaurants and circa 35,000 sq ft of offices. Of this total space, 75% is now either pre-sold, pre-let or under offer. In addition, it is expected that a planning application will be submitted towards the end of this year for the redevelopment of New Covent Garden Market, after which planning consent is anticipated in Winter 2014.

Resilient Rental Income
Our income producing portfolio remains resilient, and our experience and expertise in both retail and commercial lettings for secondary and tertiary accommodation is allowing us to maintain our income streams.

Financing
Further to our retail bond issue in October 2012, we continue to diversify our sources of funding. This and the success of the recent share placing demonstrate the confidence from both existing and new investors in our ability to create long-term value from our regeneration and development activities.

Our cash flows and debt levels remain in line with our expectations and we have a sound financial base with significant headroom on existing banking facilities extending to at least November 2014.

Numis Add 308.50 280.00 - Retains

Trading Statement

ST. MODWEN SEES CONTINUING STRONG PERFORMANCE ACROSS THE BUSINESS

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update for the six months to 31 May 2013. The Company can confirm that the business has continued to perform strongly since the interim management statement issued on 9 April 2013, with profits and cashflows remaining consistent with management expectations.

Notwithstanding a challenging marketplace, initial indications point to positive market valuations for the first half of the year compared with H1 2012. We also expect our ongoing asset management and added value actions to be reflected well in the half year valuations.

Management outlook for our profit before all tax is therefore expected to be in line with H1 2012.

Looking quite good this morning.

Half Yearly Report

Financial Highlights
- 11% increase in profit before all tax to £38.8m (H1 2012: £34.9m)
- 5% increase in shareholders' equity NAV per share in the first six months to 263p (Nov 2012: 251p per share) and EPRA NAV up 4% to 282p per share (Nov 2012: 272p)
- Net valuation gain of £23m (H1 2012: £21m) including added value gains of £18m (H1 2012: £35m) and market driven valuation gains of £5m (H1 2012: £14m loss)
- Realised property profits of £16.1m (H1 2012: £16.6m)
- Net rental income of £18.2m (H1 2012: £18.3m)
- Successful equity placing in March 2013 raising gross proceeds of £49m
- Continued reduction in gearing to 55% (Nov 2012: 71%. Comparative adjusted for equity placing would be 57%)
- 10% increase in interim dividend to 1.33p per share (H1 2012: 1.21p)

Operational Highlights:
- Active development programme for 2013; construction of Swansea University's Science and Innovation Campus started in May
- Continue to work towards the submission of a planning application by the end of 2013 for the New Covent Garden Market redevelopment, with good progress achieved to date
- Indications of increased investment interest in secondary commercial property with the successful sale of £35m of mature commercial assets at or above book value during the first six months of the year
- Positive outlook for residential land activity, with good reservation rates already achieved and strong on-going demand at an increased number of sales outlets, an expanding pipeline of developments and greater demand for our land
- Proactive asset management continues to generate value

JP Morgan Cazenove Overweight 280.55 325.00 - Reiterates

Update on post 85.

Interim Management Statement

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides the following Interim Management Statement for the period since 1st June 2013. The Company has continued to perform strongly since the half year results announcement issued on 2nd July 2013 against the backdrop of an ongoing strengthening of the housing market and a greater sense of optimism in the regional commercial property sector.

Whilst recovery in some areas of the market remains slower, improving consumer sentiment, supportive Government schemes and an increasingly stable economy are contributing to a notably more positive market outlook than we have seen for some time. This, combined with the success of our ongoing asset management activities, points to profits and cashflows remaining consistent with management expectations for the 2013 financial year.

Residential
Demand for our residential land continues to grow with active land transactions indicating some upside against our book valuations.

We are achieving steady sales rates across our St. Modwen Homes sites and those developed in our joint venture with Persimmon. Overall profits from residential development remain in line with expectations set out at the half year.

Commercial Land and Development
We have an active development pipeline and continue to make good progress across our flagship schemes in each region. A clear example of this is the £150m regeneration of Great Homer Street in Liverpool where we are due to start on site in Spring 2014.

For this quarter, the key highlight amongst our four major projects is Longbridge, where the first phase of the Town Centre is now open for trading. We expect to submit an application for phase two shortly.

Income Producing Portfolio
Our income producing portfolio is performing well as a result of both improving sentiment in the commercial property market and our ongoing ability to extract maximum value from our assets.

There is good momentum in lettings and asset management and we have continued to manage space effectively with voids largely unchanged.

Finance
None of St. Modwen's existing corporate or joint venture debt facilities require renewal before November 2014. Our cash flows and debt levels remain in line with our expectations and we continue to monitor these closely.

Bill Oliver, Chief Executive of St. Modwen, commented:
"Confidence in the residential market continues to grow across the UK and we are also seeing more optimism in the regional secondary commercial market which we hope will result in increasing levels of activity. Against this background, our ability to add value across our portfolio through effective asset management and planning expertise is resulting in an increasingly active, well-let development pipeline. This, coupled with our strong balance sheet, means we anticipate delivering continued growth for our shareholders."

-ENDS-

Still looking strong.

Disposal

ST. MODWEN JOINT VENTURE SELLS
ELEPHANT & CASTLE Shopping centre FOR £80M TO DELANCEY AND APG


Key Property Investments ("KPI"), a 50/50 joint venture between St. Modwen (LSE:SMP), the UK's leading regeneration specialist, and Salhia Real Estate Company K.S.C ("Salhia"), today announces that it has completed the sale of the Elephant & Castle Shopping Centre to Delancey and APG for £80m in cash.

The sale price reflects a yield of 4.25% and is significantly above the asset's current book value.

Trading Update

St. Modwen secures 150,000 sq ft pre let to M&S

Final results

ST. MODWEN REPORTS STRONG GROWTH DELIVERING £82.2M PROFIT BEFORE ALL TAX AND NET ASSET VALUE INCREASES OF 11%

Financial Highlights
· 56% increase in profit before all tax to £82.2m (2012: £52.8m)
· Shareholders' NAV up 11% to 279p per share (2012: 251p per share), and EPRA NAV up 10% to 298p per share (2012: 272p per share)
· Realised property profits up 37% to £40m (2012: £29m)
· Successful completion of a £49m equity placing to support redevelopment of New Covent Garden Market
· 20% decrease in loan-to-value to 33% (2012: 41%)
· Final dividend for the year increased by 10% to 2.67p per share, providing a total dividend for 2013 of 4.00p per share (2012: 3.63p)

Operational Highlights
· Overall net valuation increase of £42m (Nov 2012: £28m), comprising gains of £28m (2012: £48m) as a result of planning gain asset management and £14m market driven valuation gain (2012: £20m loss)
· Elephant & Castle Shopping Centre sold for £80m
· Significant milestones completed across all major projects:
o Longbridge - 150,000 sq ft pre-let secured to Marks & Spencer which will anchor the second phase of the new Town Centre
o Swansea University, Bay Campus - first phase of works on schedule with student accommodation now underway
o On track to deliver New Covent Garden Market - planning approval anticipated in 2015

Liberum Capital Buy 386.55 384.40 406.00 406.00 Reiterates

Interim Management Statement

INTERIM MANAGEMENT STATEMENT FOR THE PERIOD TO 28th MARCH 2014

STRONG START TO THE YEAR WITH FURTHER MOMENTUM IN THE COMMERCIAL AND RESIDENTIAL MARKETPLACE

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, is pleased to announce that the business has continued its strong performance since the start of the financial year, with a growing pipeline of development opportunities, and profits and cashflows in line with our expectations.

We have continued to secure a steady stream of sales across all of the St. Modwen Homes and the Persimmon joint venture sites, particularly as we head into the Spring selling season. Together, we have completed on the sale of 180 units in the financial year to date which compares to 35 units during the same period last year. Coupled with the schemes' location and the quality of product, this reflects a sustained increase in consumer confidence and the continued success of the Government's Help to Buy scheme for which we welcome the recent announcement to extend the initiative until 2020.

The market for our residential land also remains buoyant, with strong demand from housebuilders looking to increase their sales outlets.

As indicated in our results for the year ended 30th November 2013, we are also seeing ongoing improvement in the commercial market, and our major projects continue to gather momentum, with an increase in enquiries across our sites and occupancy levels remaining high. We are experiencing sustained growth in London, the South West and in the Midlands and expect this to continue throughout the year.

In February we successfully launched an offering of £100m of unsecured Guaranteed Convertible Bonds due 2019. The offering increases the longevity of the Company's debt on attractive terms, strengthens the balance sheet and supports our wider financial strategy to diversify the Company's sources of funding. The proceeds of the bond have been used to repay existing debt, enabling us to drive the Company's ongoing business growth, including its increasingly active development and housebuilding pipeline.

Bill Oliver, Chief Executive, St. Modwen, commented:

"Following a strong set of full year results, we are already enjoying a good start to the year. This has been further supported by our successful convertible bond offering, which demonstrates a growing confidence amongst our existing and new investors.

"As the year progresses, we expect the ongoing improvement in the residential and commercial markets to continue. And, having further strengthened our balance sheet, we are very well placed to drive further growth of the business, using our considerable in-house expertise to bring forward high-quality development land, both for sale and for development ourselves.

"We remain firmly focused on generating value for our shareholders through our multi-faceted regeneration activities and active approach to asset management."

-ENDS-

ST. MODWEN AND VINCI JOINT VENTURE SUBMIT PLANNING APPLICATION FOR THE REGENERATION OF NEW COVENT GARDEN MARKET, NINE ELMS

VINCI St. Modwen (VSM), the 50/50 joint venture between St. Modwen Properties PLC (LSE: SMP) and VINCI PLC, has submitted its planning application for the regeneration of the 57 acre New Covent Garden Market site in Nine Elms, London with its partner, Covent Garden Market Authority (CGMA).

This landmark, multi-phased project is the largest proposed regeneration scheme in Nine Elms on the South Bank, one of London's key development areas for new mixed-use development. It will secure the future of New Covent Garden Market, the UK's largest fruit, vegetable and flower market, through the delivery of new 21st century facilities.

The development releases 20 acres of surplus land which will be transformed into a high quality residential neighbourhood benefitting from fantastic riverside views and comprising approximately 3,000 new homes, 135,000 sq ft of new office space and 100,000 sq ft of retail, leisure and new community facilities, including shops, cafes and restaurants.

The designs build on the planning permission already secured by CGMA in 2012. The proposals will provide over 500,000 sq ft of modern market facilities consolidated on one site for the 200 tenant businesses which employ over 2,500 people. This will sit alongside a new Food Quarter, part of the new market, known as The Garden at New Covent Garden Market.

The entire scheme will be set alongside a new linear park for the area alongside the river and stretching from Vauxhall to Battersea Power Station via the new American and Netherlands Embassies. This major Opportunity Area will also benefit from the extension of the Northern Line and the opening of two new tube stations, meaning the majority of people living and working in the area will be within five minutes' walk of a tube station.

Subject to receipt of planning permission, development work on the new market will commence in 2015.

Trading Update

CONTINUED STRONG PERFORMANCE ACROSS THE BUSINESS

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update for the six months to 31(st) May 2014. The business has continued to perform strongly since the interim management statement issued on 28(th) March 2014, with a growing pipeline of development opportunities, and profits and cash flows in line with our expectations.

The Company expects its ongoing asset management and added value activities to be reflected positively in the half year valuations. In addition, initial indications point to an uplift in market valuations for the first half of the year compared with November 2013, reflecting the ongoing improvement in the residential and commercial property markets across the UK.

Management expectations for the full year are unchanged, with profits before tax in the first half of the year anticipated to be significantly ahead of the first half results for 2013.

Portfolio update

Momentum continues to build across all of our major projects. In particular, last month, we submitted the planning application for the redevelopment of the 57 acre New Covent Garden Market site in Nine Elms, London. Subject to the receipt of planning consent, development of the new market will commence in 2015.

Across our income producing portfolio, we are seeing a continued increase in enquiries and occupancy levels remain high, providing further evidence of the returning confidence to the regional commercial property sector.

The St. Modwen Homes and the Persimmon joint venture sites continue to experience strong sales rates and we are seeing increasing demand for our residential land from housebuilders looking to increase their sales outlets across the UK.

Finance

In February, we successfully launched an offering of GBP100m of unsecured Guaranteed Convertible Bonds due 2019. The proceeds of the bond have been used to repay existing debt, enhancing our ongoing drive to grow the Company's business, including its increasingly active development and housebuilding pipeline. These benefits are now being reflected in the balance sheet.

We are in the process of renewing our bank debt facilities and will continue, as part of our long-term strategy, to increase the diversity and longevity of our funding portfolio. We have substantial headroom in our facilities and our cash flows and debt levels, which we continue to monitor closely, remain in line with our expectations.

Bill Oliver, Chief Executive, St. Modwen, commented:

"As predicted at the full year, we are now witnessing a sustained improvement in the residential and commercial marketplace. Alongside our active programme of adding value through intensive asset management, we continue to secure opportunities across our portfolio to unlock value from our land bank through land sales and by development, thereby taking full advantage of current market conditions.

"This activity, supported by the ongoing optimism in the commercial and the residential marketplace, points to a positive outlook for St. Modwen, both in terms of profit and future net asset value growth."

-ENDS-

Interims 1st July.

Half Year Results

Financial Highlights - excellent increased returns
- 32% increase in profit before all tax to £51.3m (H1 2013: £38.8m)
- 6% increase in shareholders' equity NAV per share to 294.2p (Nov 2013: 278.8p per share) and EPRA NAV up 6% to 314.4p per share (Nov 2013: 297.7p per share)
- Realised property profits of £19.1m (H1 2013: £16.1m)
- Net valuation gain of £35m (H1 2013: £23m) comprising added value gains generated by the Company of £16m (H1 2013: £18m) and market driven valuation gains of £19m (H1 2013: £5m)
- Launch of £100m convertible bond in February 2014 and refinancing of debt portfolio, extending average life to 4.2 years (Nov 2013: 2.5 years) and reducing weighted average cost of debt to 5.1% (Nov 2013: 5.6%)
- 10% increase in interim dividend to 1.463p per share (H1 2013: 1.33p per share)

Operational Highlights - major projects gathering momentum alongside growth in commercial property sector
- Increasing commercial development pipeline across the UK reflecting the gradual, overall improvement of this market
- Good progress made across all major projects:
o New Covent Garden Market - submission of a planning application in May 2014 for the redevelopment of the New Covent Garden Market site
o Swansea University, Bay Campus - next phase of the £450m campus now agreed with Swansea University, comprising an additional 545 student apartments. Delivery of the first phase progressing extremely well and is on target for the scheduled completion in September 2015
o Longbridge, Birmingham - a resolution to grant planning permission was secured on 26th June 2014 for the second phase of the Town Centre, comprising a 150,000 sq ft Marks & Spencer full-offer store and 45,000 sq ft of additional retail accommodation
o London residential sites - excellent sales rates continue to be achieved for both the Millbrook Park (RAF Mill Hill) and St. Andrew's Park (RAF Uxbridge) sites, demonstrating the favourable conditions in the London residential market.
- Positive outlook for residential land activity and good sales rates being achieved for both St. Modwen Homes and the Persimmon joint venture, with increasing demand at a growing number of sales outlets.

JP Morgan Cazenove Overweight 373.20 358.60 425.00 425.00 Reiterates

Liberum Capital Buy 373.20 358.60 432.00 432.00 Reiterates

Numis Buy 373.05 358.60 441.00 441.00 Upgrades

Interim Management Statement

Planning Granted for New Covent Garden Market Site

Trading Update

YEAR OF OUTPERFORMANCE UNDERPINNED BY REGIONAL MARKET RECOVERY

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update for the financial year ended 30th November 2014.

Initial indications suggest that our full year results will reflect an uplift in property valuations, arising from both market driven movements in an improving regional market and our own value add development and asset management activities, which will exceed management expectations. Profit before all tax is therefore likely to be at the top end of market expectations.

We continue to be successful in securing planning permissions for our commercial and residential sites. This was most notably demonstrated by a resolution to grant planning from the London Borough of Wandsworth for the redevelopment of New Covent Garden Market in Nine Elms, London received in November 2014. We are now working towards concluding the Section 106 Agreement with the target of achieving unconditional planning status in the first half of 2015.

Activity across our commercial portfolio has accelerated this year as the regional market has continued to recover. We have a significant number of development projects now under construction across the UK, including over 1 million sq ft at Swansea University's Bay Campus and the 150,000 sq ft Marks & Spencer store at Longbridge, Birmingham.

Occupational demand continues to gather pace. This is clearly manifested by the performance of our well let income producing portfolio which is providing a strong revenue stream to underpin the running costs of the business.

The residential market has continued to perform well and overall profits from residential development remain in line with expectations set out at the half year. Demand for residential land is good and we continue to secure disposals above book value in London, across the South East and in the regions.

Having substantially restructured our debt portfolio at the half year and with positive net cash generation in the second half of the year, we remain in a strong position financially, approaching £200m of undrawn facilities in place.

Bill Oliver, Chief Executive of St. Modwen, commented:
"Our commitment to the UK regions is paying off, with good returns already being achieved as we continue to grow our active development portfolio with new commercial and residential opportunities, underpinned by the upturn in the regional property market.

"This, combined with our successes in the residential market and in London and the South East, leads us to anticipate record profits for St. Modwen for the 2014 financial year."

-ENDS-

Final Results

ST. MODWEN REPORTS RECORD PROFITS OF £138.1M
AND NET ASSET VALUE GROWTH OF 17%

Financial highlights
· 68% increase in profit before all tax to £138.1m (2013: £82.2m)
· Shareholders' NAV per share up 17% to 324.9p (2013: 278.8p), and EPRA NAV per share up 16% to 344.2p (2013: 297.7p)
· Earnings per share up 57% to 52.7p (2013: 33.5p)
· Property profits up 45% to £57.7m (2013: £39.8m)
· Debt portfolio fully refinanced with earliest maturity now 2018 and successful launch of £100m convertible bond
· Total dividend for the year increased by 15% to 4.6p per share (2013: 4.0p per share)

Operational highlights
· Overall valuation increase of £90m (2013: £42m), comprising gains of £32m (2013: £28m) as a result of planning and asset management initiatives and £58m market-driven valuation gain (2013: £14m)
· Significant milestones completed across all major projects:
o New Covent Garden Market - a resolution to grant planning was received in November 2014, unconditional status is targeted in the first half of 2015
o Longbridge, Birmingham - excellent progress has been made across the scheme with construction of the Marks & Spencer 150,000 sq ft new flagship store now well underway and on schedule to complete in time for Christmas 2015 trading
o Bay Campus, Swansea University - signed a Development Agreement with the University for an additional 545 student apartments and new student facilities. Forward sold 50% of the apartments to M&G Investments for the M&G Secured Property Income Fund for £20m
· Housebuilding activities delivered a 167% increase in residential profits to £24m (2013: £9m)

Bill Oliver, Chief Executive of St. Modwen, commented:
"This has been an exceptional year for St. Modwen and we have achieved significant progress across all of our major projects as well as increasing our active pipeline of commercial development opportunities to over 3m sq ft of space. The residential part of the business continues to perform well with good sales rates achieved throughout the year and we anticipate a sustained performance into 2015.

"Across the UK, we continued to grow the business, capitalising on the upturn in the regional property market and we look forward to continuing this level of success throughout the coming year."

New Covent Garden Market goes unconditional

VINCI ST. MODWEN AND CGMA COMPLETE DEVELOPMENT AGREEMENT FOR THE REGENERATION OF NEW COVENT GARDEN MARKET, NINE ELMS, LONDON

VINCI St. Modwen (VSM), the 50/50 joint venture between St. Modwen Properties PLC (LSE: SMP) and VINCI PLC, and its partner the Covent Garden Market Authority (CGMA), today announces that the commercial contracts and planning agreements for the regeneration of the 57 acre New Covent Garden Market in Nine Elms, London, have gone unconditional.

This landmark 10 year project, the largest in the Nine Elms regeneration area, will see the delivery of over 500,000 sq ft of new state-of-the-art market facilities across a 37 acre site which will house the 200 market businesses currently employing around 2,500 people. The remaining 20 acres of land will be transformed by VSM into:

- three high quality residential neighbourhoods comprising 3,000 new homes;
- 135,000 sq ft of office space; and
- 100,000 sq ft of retail, leisure and new community facilities, including shops, cafés and restaurants.

The entire scheme, situated in Zone 1, will be set alongside a new linear park for the area, parallel with the river and stretching from Vauxhall to Battersea Power Station via the new American and Netherlands Embassies. This transformational project will also benefit from the extension of the Northern Line and the opening of two new tube stations, resulting in the majority of people who live and work in the area being within a five minute' walk of a tube station.

The main construction enabling works to the new market are scheduled to start in the Summer 2015.

Bill Oliver, Chief Executive, St. Modwen and director of VSM, said: "This latest milestone enables the start on site of this major transformational project which is central to the Nine Elms Regeneration area. It will deliver a substantial positive economic impact in terms of employment, housing, and investment for London."

Bruno Dupety, Chairman and Chief Executive of VINCI PLC and director of VSM, said: "We are looking forward to starting on site to get this exciting project underway. It will transform this area of central London for those who live and work there, in particular the market facilities."

-ENDS-

Notification of Major Interest in Shares

St. Modwen Properties PLC ("St. Modwen" or the "Company") announces that it has been notified that 2,549,746 existing ordinary shares of 10 pence each in the Company ("Ordinary Shares") have been sold by the Leavesley family (the "Leavesley Family") at a price of 440 pence per share.

The Ordinary Shares in aggregate amount to approximately 1.15 per cent. of the issued share capital of the Company.

Following these disposals, the Leavesley Family will hold 13,447,099 Ordinary Shares representing 6.07 per cent. of the Company's issued share capital.

Trading Update

One of my core holdings SK. Great trading statement but was expected. Medium term target 475pDate of issue: 2nd June 2015


ST. MODWEN PROPERTIES PLC
("St. Modwen" or the "Company")

TRADING UPDATE

MAJOR PROJECT MILESTONE AND GROWING MOMENTUM IN REGIONAL PROPERTY MARKETS REINFORCES STRONG FIRST HALF

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update covering its activities for the six months to 31st May 2015.

The business has continued to perform strongly since the annual results announcement in February 2015. This has been assisted by the sustained improvement in the regional property markets, both commercial and residential, and the results will be positively impacted by the Company having achieved unconditional status for the New Covent Garden Market regeneration project, at Nine Elms in London.

Management expectations for the full year are unchanged. Profits before tax in the first half of the year are anticipated to be significantly ahead of the 2014 first half results.

Bill Oliver, Chief Executive of St. Modwen, commented:
"As anticipated at the full year, we are now taking full advantage of the market recovery and are focusing our efforts on delivering commercial and residential development in the regions and progressing our major projects. The highlight of the period has been the achievement of unconditional status for the New Covent Garden Market project in April, which will have a major impact on the half year valuations. Cumulatively, this all points to a positive outlook for the Company, both in terms of profit and net asset value growth, and a record set of half year results."
-ENDS-

Half Year Results for the six months to 31st May 2015

ST. MODWEN DELIVERS 306% INCREASE IN HALF YEAR PROFITS TO £203.1M

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, announces its half year results for the six months to 31st May 2015.

Financial Highlights
- 306% increase in profit before all tax to £203.1m (H1 2014: £50.0m)
- 21% increase in NAV per share to 394p (Nov 2014: 325p) and EPRA NAV per share up 25% to 427p (Nov 2014: 342p)
- Earnings per share up 281% to 75.4p (H1 2014: 19.8p)
- Initial recognition of New Covent Garden Market (NCGM) contributes £128.0m to net valuation increase of £170.2m (H1 2014: £33.7m)
- Realised property profits of £41.3m (H1 2014: £19.1m)
- 30% increase in interim dividend to 1.9p per share (2014: 1.463p per share)

Operational Highlights
- Major projects reaching significant milestones:
o NCGM - unconditional status achieved on 57-acre Nine Elms site in April 2015, with project now included on balance sheet
o Swansea University, Bay Campus - initial development phases on schedule to complete, ready to welcome first students in September 2015
o Longbridge - 150,000 sq ft Marks & Spencer store on track to open in November 2015
- Commercial property development pipeline delivers strong flow of profits
- Continued activity across the residential market, with good sales rates achieved across the Persimmon joint venture and for St. Modwen Homes, with continued housebuilder appetite for residential land

Bill Oliver, Chief Executive, St. Modwen said:
"These record-breaking results are underpinned by the growth in the UK property sector and are testament to our continued belief in the regional marketplace and our long-term approach to regeneration as a whole. They are positively supported by our three major projects reaching significant milestones in the period. Most notably the New Covent Garden Market site in Nine Elms, London reached unconditional status in April.

"We continue to increase our levels of both residential and commercial development and to add further value to our major projects and our broader £1.5bn property portfolio, delivering maximum returns for the business and for our shareholders."

TRADING UPDATE


STRATEGIC REVIEW HIGHLIGHTS GROWTH AREAS FOR ST. MODWEN
AS BUSINESS CONTINUES TO DEMONSTRATE RESILIENCE

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, today provides a trading update for the six months to 31st May 2017.

Overview

Since the start of the financial year, St. Modwen's diverse portfolio and wider business has continued to perform in line with the Board's expectations, demonstrating resilience in the face of broader market uncertainties.

Additionally, following a six month strategic and portfolio review, initiated by Chief Executive Mark Allan, the Company is today hosting a Capital Markets Day for investors and analysts in London that will include presentations on Group strategy. The review has highlighted the significant opportunity to build on existing strengths and the scale of potential within the Group's asset base. It has established four strategic objectives against which future performance and direction will be reported:

i. accelerating commercial development activity;
ii. growing our residential and housebuilding business;
iii. cementing and growing our regeneration reputation; and
iv. portfolio focus and capital discipline.

A copy of the presentation accompanying the Capital Markets Day will be available on the Company's website later today.

Commercial development activity

Commercial development activity is proceeding in line with expectations, with good ongoing levels of occupier demand across the UK for both new and existing commercial space, particularly in the industrial and logistics sector where rents have remained robust. Various development completions and sales and lettings mean that development profits for the first half are likely to be in line with expectations and ongoing positive demand means that the outlook for the full year is similar.

In the medium term, our commercial development pipeline is concentrated on the industrial and logistics sector, which accounts for approximately 70% of opportunity by value. In addition to progressing existing developments on site, our focus has been and will remain on, bringing forward these further opportunities in a timely manner.

Residential activity

The UK housebuilding market has remained resilient to date in 2017, particularly in the regions, with continued robust demand for new homes delivered by the Group's housebuilding business, St. Modwen Homes, together with good levels of ongoing demand from third party housebuilders for 'oven ready' land for development.

St. Modwen Homes is currently active on 16 sites across the UK, three of which were launched this year including a scheme of 85 homes at the Group's St. Andrew's Park development in Uxbridge, Greater London. Sales volumes in the first half are expected to increase by approximately 15% over the same period last year, with the associated growth in profits at least offsetting the lower profits from the Persimmon JV as its activity levels reduce, in line with plan. We have also continued to build on our brand and reputation, recently being awarded with a 5* customer service and quality award from the Homebuilders Federation (HBF).

In response to ongoing appetite from third party housebuilders we have continued to agree and complete sales of residential land for prices at or above book value. Over the last six months, including our share of joint ventures, we sold or agreed for sale 35 acres of land representing 500 units for proceeds of £17m.

We continue to pursue selectively high quality acquisition opportunities and have recently signed a development agreement to deliver a new 227-acre community including 1,500 homes in Wantage, South Oxfordshire. St. Modwen Homes will deliver up to half of the homes, with the remaining development plots awarded in tranches and sold to other housebuilders. The entire site benefits from outline planning consent and St. Modwen Homes has now submitted a detailed planning application for the first phase of 150 homes for which, subject to planning, we anticipate starting on site in the summer 2017.

Internal value creation

We continue to drive ongoing value creation by both progressing our sites through planning and continuous asset management. Highlights include securing planning permission for a 677,000 sq ft industrial development at a 35-acre site in Tamworth, Staffordshire for which we anticipate the first phase of works to start on site in the second half of the year.
We have also renegotiated a number of leases across our industrial portfolio, achieving good levels of rental growth, including new leases at two major sites in the Midlands.

Investment portfolio and net debt

We anticipate continued resilience throughout the first half in both our industrial and logistics income generating portfolio and our student accommodation assets, reflecting robust yields and modest rental growth as a result of the strength of ongoing occupier demand in both sectors. Conversely and as previously flagged, we expect to see some valuation weakness in our retail portfolio across 2017 as inflation puts pressure on consumer spending. The residential land market remains healthy, evidenced by our ongoing sales activity at or above book value.

During the first half of the year our investment activities, comprising both ongoing development capital expenditure as well as site acquisitions, exceeded proceeds from asset sales and as a result net debt is expected to increase by approximately £85m over the six months. Debt levels in the second half are anticipated to fall as a result of ongoing sales activity. In particular, we are continuing to progress the sale of the Nine Elms square site at New Covent Garden Market and have also now taken the decision to pursue the disposal of our student accommodation assets at the Bay Campus, Swansea University to take advantage of the strong investment demand for student housing.