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

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."