Trian pleased with developments at Ferguson – On 13 June 2019, funds managed by Trian announced a 5.98% interest in the shares of Ferguson, valued at approximately GBP736 million at that time. This company had invested approximately GBP250 million of that, at an average cost of GBP52.85 per share. In addition, because Ferguson receives the vast majority […]
GCP Student Living reports strong performance – over the year to the end of June 2019, GCP Student Living’s EPRA NAV rose from 149.12p to 165.52p and it paid dividends of 6.15p, up from 5.695p for the prior year. The portfolio continues to grow. This year GCP Student Living announced: Completion of the refurbishment of […]
BioPharma to spend $600m cash pile by year end – in its interim results, covering the first half of 2019, BioPharma Credit reports that $165.7m was invested in total of which: $80m went to a senior secured loan commitment to BioDelivery Sciences on 23 May 2019 The first tranche of $60m was drawn on 28 May […]
Supermarket Income REIT bucks high street gloom – in its results for the 13 months ended 30 June 2019, Supermarket Income REIT reports: 8.0% total shareholder return for the year vs UK REIT sector return of minus 6%; Four quarterly dividends totaling 5.6 pence per ordinary share (2018: 5.5 pence); Quarterly dividends up 3.2% since […]
In QuotedData’s other news 3 September 2019 Impact Healthcare REIT’s NAV edged up over the first half of 2019 – from 103.18p to 104.67p. The interim dividend is 3.09p (up 3%) and this is well-covered by first half earnings of 3.62p per share. It has committed 85% of the money it raised in May. GCP Student […]
India Capital Growth reports on difficult start to 2019 – Following a difficult year in 2018, the Indian stock market struggled to move forward in the first half of 2019. While the large company index showed a positive return, the small and mid-cap index, the BSE MidCap Total Return Index declined 2.4% in sterling terms. India […]
Syncona funding Gyroscope and Achilles – Syncona has announced two deals this morning. The first is a £48m commitment to Gyroscope Therapeutics, making up most of a £50.4m Series B financing. This brings Syncona’s total commitment to Gyroscope since foundation to £82.0m and it owns an 80 per cent stake in the business. Syncona is holding this […]
Qannas shares suspended pending major deal – Qannas has entered into conditional agreements to acquire a substantial portfolio of investment assets from a consortium of third party vendors. The independent directors of Qannas (Chris Ward and Richard Prosser) believe that the deal is a compelling opportunity to significantly enhance and broaden the existing investment portfolio of […]
INPP preferred bidder for Rampion offshore link – International Public Partnerships Limited (INPP) says that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project (‘OFTO’). The latest scheme, comprising the transmission cable connection to Rampion […]
In QuotedData’s other news 30 August 2019 – Symphony International says that the Niseko Property Joint Venture, in which it holds a 37.5% interest, has entered into a non-binding letter of intent to sell approximately 50% of its development land site. The land was acquired in stages between 2011 and 2012 and is located in the Hirafu […]
