You are here

Prices & Quotes - UK Markets - Signature Aviation (SIG)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 398.00p
Change Today:
1.40p
Market Cap:
3,301.96m
Sector:
Industrial Transportation

Signature Aviation's US unit launches tender offer for 4pc notes

By Josh White

Date: Friday 09 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Signature Aviation's wholly-owned United States subsidiary, Signature Aviation US Holdings, launched a tender offer to purchase its outstanding 4% senior notes due 2028 overnight.
The FTSE 250 company said the division was also seeking consent solicitation to make amendments to the indenture of the notes.

"The tender offer and consent solicitation are being conducted in connection with the previously-announced proposed acquisition of the entire issued and to be issued share capital of Signature by Brown Bidco - a newly formed company to be indirectly owned by joint offerors Blackstone Infrastructure and Blackstone Core Equity, Global Infrastructure Partners and Cascade," the board said in its statement.

"The proposed amendments would make certain amendments to the indenture related to the notes in connection with the acquisition."

Signature said its obligations under the tender offer and the consent solicitation were conditional on a number of conditions precedent, including the consummation of the acquisition, which was expected in the second quarter.

At 0836 BST, shares in Signature Aviation were up 0.44% at 409.3p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SIG Market Data

Currency UK Pounds
Price 398.00p
Change Today 1.40p
52 Week High 435.50p
52 Week Low 185.35p
Volume 847,354
Shares Issued 829.64m
Market Cap 3,301.96m
Beta 0.03

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Income
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Dividend Yield
Not Available
EPS Growth
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 3
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SIG Dividends

  Latest Previous
  Special Interim
Ex-Div 25-Nov-19 12-Sep-19
Paid 13-Dec-19 01-Nov-19
Amount 80.71¢ 4.20¢

Trades for 13-May-2021

Time Volume / Share Price
16:45 17 @ 398.30p
16:45 17 @ 398.30p
16:35 298,820 @ 398.00p
16:29 60 @ 398.10p
16:29 410 @ 398.10p

SIG Key Personnel

Chair Nigel Rudd