Weiss Korea Opportunity Fund (WKOF) has published a circular containing details of a ‘realisation opportunity’. When WKOF was launched in 2013 it committed to offer Shareholders a realisation opportunity on or prior to the fourth anniversary of the WKOF’s admission. WKOF also committed to offer similar opportunities every two years thereafter unless it has already […]
Hansteen has announced that its board has agreed to dispose of its German and Dutch portfolios for €1.28 billion to funds advised by affiliates of The Blackstone Group L.P. and M7 Real Estate. Hansteen says that the price represents a premium of approximately €76 million (6 per cent.) to the Year End Valuation which itself […]
Real Estate Investors has announced its final results for the year ended 31 December 2016. Paul Bassi, the comopany’s CEO describes the year as one of excellent progress. He says that the company secured record property ownership, revenue and contracted rental income, with underlying profits rising 271% to £5.2 million (2015: £1.4 million). He says […]
Duke Royalty (DUKE) has announced proposals for a conditional placing to raise up to £15.0 million, before expenses, by way of a fundraising. This to comprise a placing and subscription of up to 37.5 million New Shares at a price of 40 pence per share. DUKE says that the net proceeds of the fundraising, which […]
Funding Circle SME Income Fund (FCIF) has announced that it is launching a placing of C Shares under its share issuance programme. This is the company’s first potential share issuance, under its share issuance programme, which was established to raise funds over a twelve month period. The C Share placing is expected to close on […]
BlackRock Smaller Companies Trust, managed by Mike Prentis (pictured), has announced that its board is considering the removal of the current restriction that the value of AIM-listed stocks should not exceed 40 per cent. of the Company’s portfolio. The board says that the proposal comes in the light of the development and evolution of the AIM […]
The boards of Threadneedle UK Select Trust (UKT) and Henderson High Income Trust (HHI) have both made announcements regarding proposals to wind up Threadneedle UK Select Trustand roll-over into Henderson High Income Trust. Threadneedle UK Select faces a continuation vote at its forthcoming AGM and its Board says that it has been reviewing the options […]
JPEL Private Equity Limited (JPEL) has announced that, on 14 March 2016, Caisse de dépôt et placement du Québec (CDPQ) announced an investment in Datamars, a global company based in Switzerland whose technology is used to identify and track livestock, companion animals and textiles. The transaction is subject to regulatory and change of control approvals […]
Baillie Gifford Shin Nippon (BGS) has announced its results for the year to 31 January 2017. Over the year the Company’s net asset value per share (after deducting borrowings at fair value) rose 34.0%, whilst it says its comparative index, the MSCI Japan Small Cap Index, rose by 34.9% in sterling terms. The share price […]
Princess Private Equity (Princess) has published its annual report for the year ended 31 December 2016. During the year, Princess’ audited net asset value (NAV) increased to EUR 10.16 per share, which it says represents an increase of 12.9% on a total return basis, adjusted for the total dividend of EUR 0.54 per share. This […]
