Annuncio • May 08
Workspace Group Plc, Annual General Meeting, Jul 23, 2026 Workspace Group Plc, Annual General Meeting, Jul 23, 2026. Annuncio • May 06
Workspace Group Plc to Report First Half, 2027 Results on Nov 18, 2026 Workspace Group Plc announced that they will report first half, 2027 results on Nov 18, 2026 Annuncio • Apr 18
Workspace Group Plc Reviews Dividend Policy Workspace Group Plc announced the Board has reviewed the dividend policy with a view to balancing the opportunities to invest in its portfolio to reposition the business with the importance of cash dividends to its shareholders. As a result, the Board intends to return the dividend cover to 1.2x for Fiscal Year 2025/26 onwards. This reflects a disciplined approach to capital allocation while aligning dividends with sustainable long-term profitability. Annuncio • Apr 14
Workspace Group Plc to Report Q4, 2026 Results on Apr 17, 2026 Workspace Group Plc announced that they will report Q4, 2026 results on Apr 17, 2026 Annuncio • Mar 18
Workspace Group Plc to Report Fiscal Year 2026 Results on Jun 10, 2026 Workspace Group Plc announced that they will report fiscal year 2026 results at 4:30 PM, GMT Standard Time on Jun 10, 2026 Annuncio • Jan 14
Saba Capital Releases Letter Sent to Workspace Group’s Board of Directors On January 13, 2026, Saba Capital Management, L.P. disclosed that it sent a letter to Workspace Group plc’s Board of Directors on January 8, 2026. In the letter, Saba Capital urged the Board to recommend the Company proceed with a managed wind-down, which should include an orderly strategic sale of its assets, systematic repayment of debt and the timely return of capital to shareholders. Annuncio • Dec 20
Workspace Group Plc Announces Chief Financial Officer Changes Workspace Group PLC announced that it has appointed Tom Edwards-Moss as Chief Financial Officer designate. Edwards-Moss will take over from Dave Benson, who informed the Board in August of his decision to step down. Benson will remain in the role until Edwards-Moss completes his notice period at Hibernia Real Estate Group Ltd. and formally assumes the position. Edwards-Moss has served as Chief Executive Officer of Hibernia Real Estate Group since 2022. Annuncio • Dec 12
An undisclosed buyer acquired Two low-conviction assets in London of Workspace Group Plc (LSE:WKP) for £11.8 million. An undisclosed buyer acquired Two low-conviction assets in London of Workspace Group Plc (LSE:WKP) for £11.8 million on December 11, 2025.
An undisclosed buyer completed the acquisition of Two low-conviction assets in London of Workspace Group Plc (LSE:WKP) on December 11, 2025. Annuncio • Oct 23
Workspace Group Appoints James Graham as Head of Revenue and Member of Its Executive Committee, Effective 5 January 2026 Workspace Group has appointed James Graham as head of revenue and member of its executive committee, effective 5 January 2026. Graham joins from International Workplace Group, where he spent four years in senior commercial roles, most recently as sales and operations director. He has also held roles at Asda, Tesco and Topshop/Topman. Annuncio • Sep 04
Workspace Group Plc to Report First Half, 2026 Results on Nov 19, 2025 Workspace Group Plc announced that they will report first half, 2026 results on Nov 19, 2025 Annuncio • Jun 16
Workspace Group Plc, Annual General Meeting, Jul 16, 2025 Workspace Group Plc, Annual General Meeting, Jul 16, 2025. Location: the companys eventspace venue, salisbury house, 114 london wall, ec2m 5qd, london United Kingdom Annuncio • Jun 05
Workspace Group Plc Recommends Final Dividend in Respect of the Financial Year Ended 31 March 2025, Payable on 1 August 2025 Based on trading profit performance and confidence in the longer-term prospects of Workspace Group Plc, the Board is recommending a final dividend of 19.0 pence per share in respect of the financial year ended 31 March 2025, taking the full year dividend to 28.4 pence (2024: 28.0 pence), if approved by the shareholders at the AGM, it will be on 1 August 2025 to shareholders on the register at 4 July 2025. The dividend will be paid as a REIT Property Income Distribution (PID) net of withholding tax where appropriate. Annuncio • May 16
Workspace Group plc Provides Trading Guidance for the Year Ended March 31, 2025 Workspace Group plc provided trading guidance for the year ended March 31, 2025. The company expects Trading Profit for the year ending 31 March 2025 to be in line with consensus, with a marginal fall in valuation due to a reduction in ERV per sq. ft., alongside a fall in occupancy, as previously outlined. Annuncio • Apr 17
Workspace Group Plc to Report Fiscal Year 2025 Results on Jun 05, 2025 Workspace Group Plc announced that they will report fiscal year 2025 results on Jun 05, 2025 Annuncio • Apr 03
Workspace Group PLC Appoints Jessica Berney as Head of Portfolio Management and Member of the Executive Committee, Effective 1 July 2025 Workspace Group PLC announced the appointment of Jessica Berney as Head of Portfolio Management and member of the Executive Committee, effective from 1 July 2025. Jessica joins Workspace after thirteen years at Schroders Capital, where she is Fund Manager, UK Strategic Partnerships, with responsibility for growth of the UK real estate business. Jessica previously spent nearly seven years at Invista Real Estate, latterly as a Director responsible for four balanced funds and all retail sub-sectors. Annuncio • Jan 21
Workspace Group Plc to Report Q3, 2025 Results on Jan 23, 2025 Workspace Group Plc announced that they will report Q3, 2025 results on Jan 23, 2025 Annuncio • Nov 22
Workspace Group plc Announces Interim Dividend in Respect of the Financial Year Ending 31 March 2025, Payable on 3 February 2025 Workspace Group Plc announced that an interim dividend of 9.4 pence per share (2023: 9.0 pence) in respect of the financial year ending 31 March 2025 will be paid on 3 February 2025 to shareholders on the register at 10 January 2025. The dividend will be paid as a normal dividend (not a REIT Property Income Distribution). Annuncio • Nov 15
Workspace Group plc Opens Its First Net Zero Building Workspace Group PLC announced the opening of Leroy House, its first fully net zero building. Originally built for a watchmaker in the 1930's, it has now been brought back to life through adaptive re-use. Based in Islington, the newly refurbished building retains 90% of its original structure and comprises 57,000 sq. ft. of striking new sustainable work space. In addition to retaining the majority of the existing structure, the project used concrete with over two-thirds recycled content. Through careful material and design choices, its overall embodied carbon is 40% less than industry best practice of 500kg CO2e/m2. At the same time, consideration was given to the original features of the building, including the historic façade and brickwork, which were sensitively restored to preserve its character Workspace has ensured that Leroy House will be a net zero building in operation as well, to further benefit its customers. The all-electric building is powered entirely by renewable energy due to the CPPA2Workspace signed last year and the smart building energy management system allows customers to actively manage their energy consumption. Additionally, a well-planned waste management system promotes recycling and makes it easy for customers to eliminate single-use items. Occupants can also enjoy views of a 75 sq. metre green roof that supports biodiversity, along with a blue roof that captures rainwater to reduce flood risk. Leroy House is flooded with natural light, with large openable windowsthat harness natural ventilation, reduce energy consumption and enhance temperature control for customer comfort. Open spaces are thoughtfully designed as collaboration hubs, furnished with sustainable, upcycled pieces to reflect Workspace's commitment to environmental responsibility. Leroy House is the latest in a long line of refurbishment projects for Workspace. It has retrofittedover 1.2 m sq. ft. of space over the past decade, creating work spaces that meet the needs of London's brightest businesses and making significant progress on its net zero journey. The space has already captured the imagination of London's SMEs, with 11 leases signed in only six weeks of marketing. With space for over 100 small businesses, Leroy House has been designed to be a vibrant community hub. It features a large public amenity space, including a café, which is open to both customers and members of the local community. Workspace ensured that over 25% of the project spend was directed to local suppliers. A collaboration with TheeXceL Project charity delivered a community upskilling programme which included youth work provisions, mentoring and job readiness training. Annuncio • Jul 25
Workspace Group plc Approves Final Dividend for the Financial Year Ended March 31, 2024 Workspace Group Plc announced that at its AGM held on July 25, 2024, declared a final dividend of 19.0 pence per ordinary share. Annuncio • Jun 06
Workspace Group Plc Recommends Final Dividend for the Financial Year Ended March 31, 2024, Payable in August 2, 2024 The board of Workspace Group Plc recommended a final dividend of 19.0 pence per share for the financial year ended March 31, 2024 taking the full year dividend to 28.0 pence (2023: 25.8 pence), to be paid on 02 August 2024 to shareholders on the register at 05 July 2024. The dividend will be paid as a REIT Property Income Distribution (PID) net of withholding tax where appropriate. Annuncio • May 09
Workspace Group Plc Appoints Lawrence Hutchings as CEO Designate Workspace Group Plc announced the appointment of Lawrence Hutchings as its CEO Designate. Lawrence will replace Graham Clemett, who informed the Board in January of his decision to retire from Workspace. Lawrence Hutchings has been Chief Executive Officer at Capital & Regional PLC since 2017. Prior to that, he was Managing Director at Blackstone in Australia for four years, Managing Director, UK Retail at Hammerson PLC and Director (Property) European Retail at Henderson Global Investors. Lawrence is expected to join Workspace following completion of a notice period at Capital & Regional. Annuncio • Apr 26
Workspace Group plc Announces the Appointment of David Stevenson as Non-Executive Director, Effective 1 June 2024 The Board of Workspace Group PLC announced the appointment of David Stevenson as Non-Executive Director of the Company, effective 1 June 2024. Upon his appointment, David will join the Company's Nominations and ESG Committees. David is an experienced Non-Executive Director who currently sits on the Boards of a number of listed funds including Gresham House Energy Storage, Aurora and Castelnau. He is also a long standing investment columnist for the Financial Times and Citywire and is an experienced media entrepreneur, having founded ETF Stream, Europe's largest ETF news and analysis service. Annuncio • Apr 09
Workspace Group Plc to Report Q4, 2024 Results on Apr 17, 2024 Workspace Group Plc announced that they will report Q4, 2024 results on Apr 17, 2024 Annuncio • Jan 25
Workspace Group plc Announces Intention of Graham Clemett to Retire as Chief Executive Officer During 2024 Workspace Group PLC announced that Graham Clemett, Chief Executive Officer, has informed the Board of his intention to retire during 2024, once his successor has been appointed and an appropriate handover completed. The search for Graham's successor will be led by Duncan Owen, Chairman, in consultation with the Nominations Committee. The Company will go through a formal and rigorous selection process for the new CEO and an announcement will be made once that's concluded. Upcoming Dividend • Dec 28
Upcoming dividend of UK£0.09 per share at 4.6% yield Eligible shareholders must have bought the stock before 04 January 2024. Payment date: 02 February 2024. Trailing yield: 4.6%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (4.8%). Buying Opportunity • Dec 08
Now 20% undervalued Over the last 90 days, the stock is up 9.8%. The fair value is estimated to be UK£6.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 24
First half 2024 earnings released: UK£0.77 loss per share (vs UK£0.19 profit in 1H 2023) First half 2024 results: UK£0.77 loss per share (down from UK£0.19 profit in 1H 2023). Revenue: UK£90.7m (up 10% from 1H 2023). Net loss: UK£147.9m (down UK£183.7m from profit in 1H 2023). Revenue is expected to fall by 12% p.a. on average during the next 3 years compared to a 2.7% decline forecast for the Office REITs industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Buying Opportunity • Nov 22
Now 22% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be UK£7.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Annuncio • Nov 21
Workspace Group plc Proposes Interim Dividend of the Financial Year Ending 31 March 2024, Payable on 2 February 2024 Workspace Group Plc proposing an interim dividend in respect of the financial year ending 31 March 2024 of 9.0 pence per ordinary share which will absorb an estimated £17.3m of revenue reserves and cash. The dividend will be paid on 2 February 2024 to shareholders who are on the register of members on 5 January 2024. Annuncio • Nov 11
Workspace Group Plc Announces Board Changes, Effective April 01, 2024 Workspace Group PLC announced that, with effect from 01 April 2024, Manju Malhotra, Non-Executive Director, will assume the role of Chair of the ESG Committee. On the same date, Duncan Owen will step down as Chair of the ESG Committee but will remain a member. Annuncio • Jul 06
Workspace Group plc Announces Board Changes Workspace Group Plc announced that Stephen Hubbard steps down as Chairman following the AGM on July 6, 2023 and will be replaced by Duncan Owen. Duncan has been a Non-Executive Director of Workspace since July 2021. Buying Opportunity • Jul 06
Now 22% undervalued Over the last 90 days, the stock is up 5.1%. The fair value is estimated to be UK£6.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Annuncio • Jul 01
Tudor Investment Holdings Limited acquired Five non-core properties in the South-East of England from Workspace Group plc (LSE:WKP). Tudor Investment Holdings Limited agreed to acquire Five non-core properties in the South-East of England from Workspace Group plc (LSE:WKP) for £82 million on May 16, 2023. The acquisition is expected to close in June 2023. Tudor Investment Holdings Limited completed the acquisition of Five non-core properties in the South-East of England from Workspace Group plc (LSE:WKP) on June 30, 2023. Upcoming Dividend • Jun 29
Upcoming dividend of UK£0.17 per share at 5.4% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (5.3%). Reported Earnings • May 26
Full year 2023 earnings released: UK£0.20 loss per share (vs UK£0.69 profit in FY 2022) Full year 2023 results: UK£0.20 loss per share (down from UK£0.69 profit in FY 2022). Revenue: UK£174.2m (up 31% from FY 2022). Net loss: UK£37.8m (down 131% from profit in FY 2022). Revenue is expected to decline by 7.6% p.a. on average during the next 3 years, while revenues in the Office REITs industry in the United Kingdom are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 19
Now 21% undervalued Over the last 90 days, the stock is up 6.2%. The fair value is estimated to be UK£5.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 19% in 2 years. Earnings is forecast to decline by 71% in the next 2 years. Upcoming Dividend • Dec 29
Upcoming dividend of UK£0.084 per share Eligible shareholders must have bought the stock before 05 January 2023. Payment date: 01 February 2023. Trailing yield: 5.2%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (4.6%). Buying Opportunity • Nov 29
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be UK£5.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 11% in 2 years. Earnings is forecast to decline by 108% in the next 2 years. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nick Mackenzie was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to UK£4.29, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the REITs industry in the United Kingdom. Total loss to shareholders of 50% over the past three years. Recent Insider Transactions • Sep 10
CFO & Director recently bought UK£100k worth of stock On the 1st of September, David Benson bought around 20k shares on-market at roughly UK£5.08 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth UK£116k. This was David's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to UK£5.39, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the REITs industry in the United Kingdom. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.97 per share. Upcoming Dividend • Jun 30
Upcoming dividend of UK£0.14 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (5.2%). Higher than average of industry peers (3.6%). Recent Insider Transactions • Jun 19
Independent Non-Executive Chairman recently bought UK£116k worth of stock On the 13th of June, Stephen Hubbard bought around 18k shares on-market at roughly UK£6.49 per share. This was the largest purchase by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. Reported Earnings • Jun 09
Full year 2022 earnings released: EPS: UK£0.69 (vs UK£1.30 loss in FY 2021) Full year 2022 results: EPS: UK£0.69 (up from UK£1.30 loss in FY 2021). Revenue: UK£132.9m (down 6.6% from FY 2021). Net income: UK£123.9m (up UK£359.6m from FY 2021). Profit margin: 93% (up from net loss in FY 2021). Over the next year, revenue is forecast to decline by 12% while the reits industry in the United Kingdom is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Nick Mackenzie was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be UK£8.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be UK£9.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. The company became loss making over the last 3 years. Board Change • Feb 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Director Nick Mackenzie was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 30
Upcoming dividend of UK£0.07 per share Eligible shareholders must have bought the stock before 06 January 2022. Payment date: 02 February 2022. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (2.7%). Reported Earnings • Nov 19
First half 2022 earnings released: EPS UK£0.019 (vs UK£0.61 loss in 1H 2021) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2022 results: Revenue: UK£61.2m (down 19% from 1H 2021). Net income: UK£3.40m (up UK£113.8m from 1H 2021). Profit margin: 5.6% (up from net loss in 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 14
Independent Non-Executive Director Suzi Williams has left the company On the 10th of September, Suzi Williams' tenure as Independent Non-Executive Director ended after 1.6 years in the role. We don't have any record of a personal shareholding under Suzi's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 28
Non-Executive Director Maria Moloney has left the company On the 22nd of July, Maria Moloney's tenure as Non-Executive Director ended after 9.2 years in the role. As of March 2021, Maria still personally held only 2.03k shares (UK£16k worth at the time). Maria is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.25 years, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Jun 24
Upcoming dividend of UK£0.18 per share Eligible shareholders must have bought the stock before 01 July 2021. Payment date: 06 August 2021. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.0%). Lower than average of industry peers (2.8%). Reported Earnings • Jun 05
Full year 2021 earnings released: UK£1.30 loss per share (vs UK£0.40 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: UK£142.3m (down 12% from FY 2020). Net loss: UK£235.7m (down 427% from profit in FY 2020). Net asset value (NAV) per share: UK£9.50 (down 14% from FY 2020). The current share price is 4.7% lower than NAV per share. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 25
New 90-day high: UK£8.16 The company is up 18% from its price of UK£6.92 on 27 November 2020. The British market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£8.43 per share. Is New 90 Day High Low • Dec 04
New 90-day high: UK£7.55 The company is up 39% from its price of UK£5.42 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£8.62 per share.