Edinburgh Worldwide has announced that shareholders on Lloyds-owned platforms can now vote in the 14th February general meeting after resolving platform issues. If you are an investor in Edinburgh Worldwide through Scottish Widows, Embark, or Stock Trader, you should now have the option to vote. Previously, Lloyds had tried to claim that these votes were […]
In QuotedData’s morning briefing 28 January 2025: Bluefield Solar (BSIF) will pay its first quarterly dividend of the new financial year on 7 March. The 2.2p dividend is the first of what is targeted to be 8.9p for the full year (up from 8.8p), which is expected to be covered by earnings post debt amortisation. […]
Saba Capital’s (Saba) requisitioned meeting to oust the existing board and install two of its own nominees in its place is scheduled for 14 February. However small your shareholding, make sure you vote. Saba has built up a significant stake to force through its agenda while carefully avoiding breaching the limit at which it would […]
In QuotedData’s morning briefing 23 January 2025: Triple Point Energy Transition (TENT) has issued a circular, convening a meeting to liquidate the company. The managed wind-down is effectively complete, the company is just waiting on some deferred sale proceeds. There’s cash of £47.6m, which accounts for most of the NAV of 49.3p per share. If […]
In what is a resounding victory for shareholder engagement and protecting the rights of all shareholders, Herald’s requisitioned general meeting has seen the proposals by Saba Capital LLC to remove all of the existing board and replace them with just two of its own representatives voted down convincingly. At today’s meeting, Herald shareholders voted against […]
Safestore says that over the year ended 31 October 2024, its EPRA NAV rose by 14.6% to 1091p from 952p, but adjusted diluted EPRA earnings per share fell by 11.7% to 42.3p. Revenue was flat at £223.4m The occupancy rate fell to 74.6% from 77.0% of the maximum lettable area (MLA). There is a 1% […]
Macau Property Opportunities has been selling off its portfolio for many years now, and a formal wind down process began in 2022. However, progress has been painfully slow. In its latest update, covering the second half of 2024, it says that two villas at The Fountainside were sold, along with five additional units at The […]
Bankers has announced results for the year ended 31 October 2024. Over that period, the trust delivered an NAV return of 21.1%, trailing its benchmark (the FTSE World Index) by five percentage points and extending the period of underperformance out beyond 10 years (+168.7% versus +174.0%). The discount narrowed from 15.8% to 13.4%, which meant […]
abrdn Asian Income Fund says it will introduce an enhanced annual dividend policy of 6.25% of its average NAV (currently equating to a dividend yield of 7.1% based on the share price). In addition it will provide investors with a continuation vote every three years. Under these proposals, the dividend for the fourth quarter of […]
In QuotedData’s morning briefing 16 January 2025: Herald (HRI) says that a second independent proxy adviser – Glass Lewis – has recommended that shareholders vote against Saba’s proposals. Investors who hold their shares through an investment platform provider or nominee are encouraged to contact their investment platform provider or nominee as soon as possible to […]
