In QuotedData’s other news 29 August 2019 Duke Royalty has committed another £250k to its Pearl & Dean (cinema advertising) investment and restructured it so that the liability is against the holding company, Step investments limited, which in addition to owning Pearl & Dean, holds a spread other businesses. The funding comes at 18% and will […]
JLEN Environmental buys Norfolk AD plant – JLEN Environmental Assets Group is buying Warren Power Limited for an initial consideration, including working capital, of GBP14.8 million, plus possible additional deferred payments up to GBP0.8m. Warren Power owns 100% of the equity in Warren Energy Limited, which holds the rights and operational assets that make up the Warren […]
Oakley takes stake in Alessi – Oakley Capital Investments Limited says that Oakley Capital Private Equity III has completed an investment in Alessi S.p.A, the Italian high-end design business focussed on homeware products. They describe Alessi as an iconic homeware brand – “with 100 years of heritage; working with some of the world’s leading architects and […]
Flat year for Standard Life UK Smaller – that’s good After a difficult start, when the NAV dropped by 19.5% in total return terms, Standard Life UK Smaller Companies came roaring back in the second half of its financial year to finish with an NAV total return of -1.1% and a share price return of […]
In QuotedData’s other news 28 August 2019 – Hipgnosis Songs Fund settled for £51.1m of new money – issuing 48.4m shares at 105.5p. NB Distressed Debt Investment Fund has compulsorily redeemed on a pro rata basis 5,418,379 NBDX shares at a price of $0.9213 per NBDX share and 2,833,485 NBDG shares at a price of GBP0.8800 […]
In QuotedData’s other news 27 August 2019 – Adamas Finance Asia has put its interest in Hong Kong Mining Holdings into a new special purpose vehicle, domiciled in the British Virgin Islands, and named this Future Metal Holdings – you can access its website here. The SPV owns Dynamite Win Limited which owns 84.8% of Linfen Zhuangpeng […]
Hipgnosis Songs looking for £72m – On 14 August 2019, Hipgnosis announced that it had fully committed its spare cash to investment opportunities and was thinking about issuing more shares to finance its pipeline of investment opportunities. Today, it says it will make a placing of new ordinary shares at a price of 105.5p. This is a premium […]
Supermarket Income REIT adds Preston Sainsbury’s – Supermarket Income REIT has announced the acquisition of the Sainsbury’s supermarket in Preston, Lancashire from Legal & General for GBP54.4 million (excluding acquisition costs), reflecting a net initial yield of 5.1%. Originally developed in 1992, and extensively refurbished in 2010, Sainsbury’s has a long history of trading from this […]
Aberdeen Emerging breaks liquidity listing rule – At 12:32 today Aberdeen Emerging Markets Investment company made the following announcement: “Announcement regarding shares in public hands The Board of AEMC announces that the number of ordinary shares which are deemed by the Listing Rules to be held in public hands is below the minimum 25% threshold. […]
Woodford watch – Patient Capital writes down NAV – Link Fund Solutions Limited, through its Fair Value Pricing Committee, is responsible for the valuation of the portfolio of Woodford Patient Capital Trust. Link, with the support of an independent valuation firm (IHS Markit), values Patient Capital’s unquoted assets in accordance with the Financial Reporting Standard (FRS) […]
