Sheffield United(SUT)

Sector:

Travel & Leisure

Index:

FTSE AIM All-Share

Market Cap

£27.50m

Change Today

Price Down-0.38p

Share Price

9.88p

Shareholder seeks to take Sheffield United private

Date: Friday 30 May 2008

LONDON (ShareCast) - AIM-listed football club Sheffield United said it was in discussions with its majority shareholder Kevin McCabe over a possible buy-out which would turn it into a private company.

Scarborough Capital, the investment vehicle of Kevin McCabe, who along with his family owns 75.17% of the company’s shares, plans to underwrite an equity fundraising and make a cash offer for the remainder of the shares in the business, Sheffield United said.

Sheffield United added it has “agreed in principle to undertake an equity fundraising, the terms of which are currently being discussed by the board.”

It continued: “The board further confirms that it is in discussions with Scarborough which may or may not lead to an offer for the company.”

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SUT Market Data

Currency UK Pounds
Share Price 9.88p Price Down
Change Today -0.38p
52 Week High 14.25p
52 Week Low 8.50p
Volume 129,556
Shares Issued 278.51m
Market Cap £27.50m
Beta 0.06
RiskGrade 214

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
68.2% below the market average68.2% below the market average68.2% below the market average68.2% below the market average68.2% below the market average
54.13% below the sector average54.13% below the sector average54.13% below the sector average54.13% below the sector average54.13% below the sector average
Price Trend
19.41% below the market average19.41% below the market average19.41% below the market average19.41% below the market average19.41% below the market average
10.34% above the sector average10.34% above the sector average10.34% above the sector average10.34% above the sector average10.34% above the sector average
Income Not Available
Growth
62.40% above the market average62.40% above the market average62.40% above the market average62.40% above the market average62.40% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Price Chg 6m
4.87% below the market average4.87% below the market average4.87% below the market average4.87% below the market average4.87% below the market average
24.14% above the sector average24.14% above the sector average24.14% above the sector average24.14% above the sector average24.14% above the sector average
P/E
96.64% below the market average96.64% below the market average96.64% below the market average96.64% below the market average96.64% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin
30.26% below the market average30.26% below the market average30.26% below the market average30.26% below the market average30.26% below the market average
40.19% below the sector average40.19% below the sector average40.19% below the sector average40.19% below the sector average40.19% below the sector average

SUT Dividends

No dividends found

Trades for 29-Aug-2008

Time Volume / Share Price
14:12 30,514 @ 9.75p
13:43 1,000 @ 9.75p
11:11 1,000 @ 9.75p
11:10 10,000 @ 9.75p
10:17 80,000 @ 9.75p

SUT Key Personnel

Chair Kevin C McCabe
Finance Director Simon Capper

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