Safestore Holdings (Safestore) has announced its annual results for the year ended 31 October 2016, which it describes as being, “A third consecutive year of double-digit EPS growth”. During the period, Group like-for-like revenue was up 10.0%, or 8.1% at constant exchange rates (CER), with the UK up 9.2% and Paris up 5.0%. Underlying EBITDA […]
Candover Investments has announced a partial realisation of its investment in Parques Reunidos (Parques). This realisation follows a first partial realisation, completed at the time of the initial public offering of Parques, in April 2016. Candover says that it has disposed of 26% of its interest in Parques for cash proceeds of approximately €9.9m (£8.4m) […]
HICL Infrastructure has announced that has acquired equity interests in two Dutch public-private partnership (PPP) projects from Ballast Nedam (Ballast). One is a 20% interest in the A9 Gaasperdammerweg Road Project in the Netherlands (the A9 Project) and the other is an incremental 25% interest in the Zaanstad Penitentiary Project (the “Zaanstad Project”). The total […]
ICG Enterprise Trust has announced the sale of its investment in Micheldever Group Ltd (Micheldever), reportedly the second largest distributor of tyres to independent retailers in the UK, to Sumitomo Rubber Industries. ICG Enterprise held Micheldever directly and through Graphite Capital Partners VI (Graphite VI). Combined, Micheldever was ICG Enterprises’s largest underlying investment at 31 […]
Highbridge Multi-Strategy Fund has announced that, noting the reduction in the discount of the share price to NAV over the subsequent three months and also the recent stability of the discount at around 5%, the fund’s Board has canvassed the views of a number of larger Shareholders, a majority of whom have indicated that they […]
Adamas Finance Asia (ADAM) has announced that it has agreed terms for the sale of its indirect 15% interest in the Tian Tong Shan Villa Project (the TTS Project), a resort development in Fujian Province, China for a total consideration of up to RMB 113.58m (approximately US$16.4m). The arrangements appear to be somewhat complicated and […]
JPMorgan Russian Securities has announced that, following consultation with the Company’s large shareholders and its advisers, it plans to introduce, subject to shareholders approving a resolution in favour of the Company’s continuation as an investment trust at the Company’s AGM on 7 March 2017, a measure that places an obligation on the Board to make […]
In its dividend announcement of 15 December 2016, Funding Circle SME Income Fund advised that its board has decided to offer shareholders a choice to receive dividends in cash or in shares via scrip dividend, with further details on the scrip dividend alternative to be provided in due course. The Company has now announced that it […]
Industrial Multi-Property Trust (IMPT) has announced that, in addition to the EGM already convened for 19 January 2017 by Alpha Real Trust (an 18.7% shareholder in IMPT), IMPT’s directors are convening a second EGM for 27 January 2017. Rather than cut and paste from the announcement, we have attached a copy of it here. However, the […]
NextEnergy Solar Fund (NESF) has announced that it has signed and exchanged two separate share purchase agreements to purchase four plants for a total of £21m. The first agreement covers a portfolio of three solar plants (Bowden, Stalbridge and Long Ash Lane) of 5MWp each. The second agreement covers the 5MWp Mill Farm solar plant. […]
