BBGI SICAV has announced its interim results for the six months ended 30 June 2016. During the period, the company’s NAV increased by 8.7% to £521.78m, whilst its NAV per share increased by 8.3% t0 120.8p. The company’s final dividend of 3.0p per share for 2015 resulted in a total payment for the year of […]
Picton Property Income (Picton) has announced that the disposal of one of its City of London office assets, Boundary House, Jewry Street, EC3 completed on 30 August 2016. The disposal proceeds were £27.8m, which the company says is in line with the June 2016 valuation, and will be used to reduce its debt (Picton’s zero […]
EP Global Opportunities Trust, managed by Dr . Sandy Nairn (pictured), has announced its interim results for the six months ended 30 June 2016. During the period, which the trust’s chairman, Teddy Tulloch, describes as being a volatile one for global equity markets, the trust’s NAV per share increased by 5.6%, whilst its share price increased […]
AcenciA Debt Strategies has announced its interim results for the six month ended 30 June 2016. During the period, the company provided an NAV total return of 1.1% but, reflecting a widening of the discount during the period (from 9.3% to 13.9%) its price total return was -3.7%. The company’s chairman, William Scott, says that […]
International Public Partnership (INPP) has announced that it has reached financial close on ten Building Schools for the Future (BSF) interests from Balfour Beatty, investing £72.3m. INPP already held 10% interests in seven of the Balfour Beatty investments in question, and as a result of the transaction has increased its stake to 90% in each […]
TwentyFour Income Fund has announced the results of its placing, which raised £48m (before costs and expenses) through the issue of 43,743,734 new ordinary shares at a price of 109.73p per share. The company says that the placing price represents a premium of 2% to the unaudited NAV of 107.58 pence per share as at […]
European Real Estate Investment Trust has announced that it is to return €20.7m to shareholders by way of a compulsory partial redemption of shares. The capital return, which is equivalent to 115 pence per share, follows the sale of Panrico on 11 August 2016. The company says that the return represents a substantial proportion of […]
Seneca Global Income & Growth Trust has announced that its new discount control mechanism (DCM), which is designed to ensure that the company trades close to net asset value, takes effect from 1 August 2016. The policy is described in more detail in the company’s most recent annual results but, in summary, the company will […]
Infrastructure India has announced its annual results for the twelve months ended 31 March 2016. During the period, the value of the Company’s investments increased marginally to £334.5m as at 31 March 2016 (30 September 2015: £331.6m; 31 March 2015: £368.6m) whilst total net assets fell to £325.8m (30 September 2015: £329.3 million; 31 March […]
Ranger Direct Lending has announced that it has conditionally placed 30 million zero dividend preference shares (ZDP Shares) at 100 pence per share to raise gross proceeds of £30m. The company says that the ZDP Shares will have a life of five years and a final capital entitlement of 127.63 pence per ZDP Share on […]
