We’ve achieved significant growth
since listing as a public company
We’re unique in that from the outset, we have united digital with property: we combine our fast growing real estate holdings with an equally fast growing technology and e-commerce business, Market Tech Digital.
We offer investors a unique and exciting opportunity.
Our objective is to maximise revenue and increase the value of our diverse portfolio, which comprises high quality shopping, entertainment, working and living environments. We will achieve this by combining the effective management of our existing assets with well considered acquisition and development, and the continued expansion of our technology and e-commerce services.
16 acres of prime real estate in a central London location.
4th most popular tourist attraction in the UK with footfall of 28 million per annum.
Strong growth in digital assets.
Property portfolio worth £1,070 million.
Significant reversionary rent potential uplift.
Technology driven asset management strategy.
Advisors & Auditors
Shore Capital Stockbrokers Limited
Bond Street House
14 Clifford Street
London W1S 4JU
Canaccord Genuity Limited
88 Wood Street
London EC2V 7QR
Capita Registrars (Guernsey) Limited
Mont Crevelt House
Legal advisers to the Company as to Guernsey law
St Peter Port
Channel Isles GY1 4BZ
Legal advisers to the Company as to English law
DLA Piper UK LLP
3 Noble Street
London EC2V 7EE
Reporting accountant and auditor
55 Baker Street
London W1U 7EU
Financial PR Advisers
London EC1A 4HD
Tel: +44 20 3727 1000
Other financial information
Reports and presentations
Other than as set out below, the Company has not applied to (or agreed to) have any of its securities (including its Main Market securities) admitted or on any other exchanges or trading platforms.
The Company’s senior unsecured convertible bonds 2020 were admitted to trading on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange on 1 April 2015.
Main Market securities in issue: 470,298,634.
As at 30 September 2016, the Company’s significant shareholders were:
LabTech Investments Limited (formerly Citwax Investments Limited): LabTech Investments Limited: 334,187,500 shares, representing 71.06% of the total issued share capital.
Henderson Volantis Capital: 14,555,461 shares, representing 3.09% of the total issued share capital.
All shares carry voting rights and are free of any restrictions on transferability. As a company incorporated in Guernsey, Market Tech Holdings Ltd is subject to the UK City Code on Takeovers and Mergers.
Terms of reference
The Board has established three committees: the Audit Committee, the Remuneration Committee and the Nomination Committee. Copies of the terms of reference for the committees of the board of directors are available upon request from the Company Secretary.
The Audit Committee is chaired by John Le Poidevin, and its other members are Sharon Baylay and Thomas Teichman, all three of whom are independent. The Audit Committee is expected to meet formally at least three times a year and otherwise as required. It has responsibility for ensuring that the financial performance of the Group is properly reported on and reviewed, and its role includes monitoring the integrity of the financial statements of the Group (including annual and interim accounts and announcements), reviewing internal control and risk management systems, reviewing any changes to accounting policies, reviewing and monitoring the extent of non- audit services undertaken by external auditors and advising on the appointment of external auditors.
The Remuneration Committee is chaired by Sharon Baylay and its other members are John Le Poidevin and Thomas Teichman, all three of whom are independent. The Remuneration Committee is expected to meet not less than twice a year and otherwise as required. The Remuneration Committee recommends what policy the Company should adopt on executive remuneration, determines the levels of remuneration for each of the executive directors and of the chairman and recommends and monitors the remuneration of members of senior management. The Remuneration Committee will also generate an annual remuneration policy and practices report to be approved by the Shareholders at the annual general meeting. The Remuneration Committee, within the terms of the agreed policy, determines the total individual remuneration package of each executive director, the chairman and other designated senior executives. In addition, the Remuneration Committee ensures that provisions regarding disclosure of remuneration are fulfilled. The Remuneration Committee makes recommendations to the Board on the remuneration arrangements for the executive directors and the chairman. The Remuneration Committee oversees the remuneration policy of the Group. No director or senior manager is allowed to partake in any discussions as to his or her own remuneration.
The Nomination Committee is chaired by Neil Sachdev and its other members are John Le Poidevin, Thomas Teichman and Sharon Baylay, all four of whom are independent. The Nomination Committee is expected to meet not less than twice a year and otherwise as required. The Nomination Committee is responsible for assisting the Board in the formal selection and appointment of directors. It considers potential candidates and recommends appointments of new directors to the Board. The appointments are based on merit and against objective criteria, including gender and the time available to devote to the position of, the potential director. It is also responsible for carrying out an annual performance evaluation of the Board, its committees and individual directors.
Non-executive director terms of appointment
Copies of the terms of appointment of the non-executive directors are available upon request from the Company Secretary.