On 31 May 2016, Ecofin Water & Power Opportunities plc published a circular and notice of general meeting to be held on 24 June 2016 at which the Company’s shareholders would vote on the continuation of the Company. The circular contained details of a proposed scheme of reconstruction of EWPO under section 110 of the […]
Caledonia Investments has announced that it has agreed terms to acquire The Liberation Group Limited, the Channel Islands’ market leading pub, restaurant and drinks business, from LGV Capital, part of Legal & General Capital, the principal investment arm of Legal & General Group, in a transaction which values Liberation at GBP118m. Led by Chief Executive […]
Victory Park Capital Advisors, LLC, the investment manager to VPC Speciality Lending, has agreed an amendment to the investment management agreement with the Company. Under the revised agreement, Victory Park Capital Advisors will invest 20 per cent. of its monthly management fee received from the Company into shares in the Company at the prevailing market […]
The independent Board of Standard Life Property Income Trust notes the announcement made yesterday by Standard Life Investments to suspend trading in the Standard Life Investments UK Real Estate Fund, an open ended Property Authorised Investment Fund (“PAIF”). The Board would like to emphasise that Standard Life Investments Property Income Trust , being a closed […]
On 4 July 2016, it was disclosed that Crystal Amber Fund Limited had acquired a disclosable interest of 3 per cent of the issued share capital of Northgate. In September 2012, Crystal Amber invested in Northgate and following successful engagement, exited the position in April 2015. Since then, Northgate’s share price has fallen by approximately 50%. […]
Polar Capital Technology’s results for the year ended 30 April 2016 have been published. The global technology sector performed better than the broader indices for most of the financial year but finished in line with the FTSE World Index after a sharp decline in several of the leading technology stocks in April. Polar Capital Technology’s […]
For the year to 31 March 2016 BACIT‘s Net Asset Value total return per share was -0.2% and the share price total return was 8.5%. This compares to falls in the MSCI World Index of 3.5% and the FTSE All-Share of 3.9%. BACIT will pay a scrip dividend of 2.2 pence per share on 19 August 2016. Shareholders […]
Over the year to the end of March 2016 Oryx International Growth‘s net asset value rose by 21.3% as compared to a fall of 0.8% in the AIM Index. Gleeson’s share price rose 50% following better than expected results, while Journey Group share price rose 46%, following successful new contracts with Fedex and extensions with […]
In December 2015, as previously announced, Leaf Clean Energy filed a lawsuit in Delaware Court of Chancery against Invenergy Wind LLC alleging, in part, that Invenergy breached the Third Amended and Restated Limited Liability Company Agreement governing the membership interests in Invenergy (the “Operating Agreement”). Leaf alleged that Invenergy was required to either obtain Leaf’s […]
The Board of JPMorgan Global Emerging Markets Income Trust has announced that effective from 1st August 2016, Jeffrey Roskell will replace Richard Titherington as the second listed Investment Manager. The Company will continue to be managed primarily by Omar Negyal, with Amit Mehta providing additional support to the team as Deputy Investment Manager. Mr Roskell (pictured) is […]
