Lowland, managed by James Henderson (pictured), has released its annual results for the year ended 30 September 2015. In what the board describe as a difficult year, the company’s NAV total return rose 0.8%, beating its FTSE All-Share benchmark, which fell 2.3%. The share price opened the year at a small premium, but closed at a […]
K&C REIT, which was admitted to AIM on 3 July 2015, has released its annual results for the year ended 30 June 2015. On its admission to AIM, the Group issued 43,035,622 ordinary shares, including 35,663,400 shares issued at 10 pence per share pursuant to a fundraising, generating gross cash proceeds of £3,566,340. Shortly after […]
JPMorgan Private Equity has announced that, further to its announcement on 27 October 2015 (regarding the spin-out of the company’s investment management team from J.P. Morgan Asset Management to an affiliate of Fortress Investment Group LLC) the company has now been advised that a definitive agreement in relation to the transfer has been signed. As […]
Derwent London has announced the sale of old Wedge House, 40 Blackfriars Road SE1, a 38,700 sq ft vacant freehold office building, for £33.5m before costs to Ennismore. Derwent, in collaboration with Ennismore, obtained planning permission this summer for a 110,000 sq ft hotel and office scheme at the site. Ennismore will now undertake the […]
Small Companies Dividend Trust has announced its interim results for the six-months ended 31 October 2015. During the period, the NAV per ordinary share rose 11.6% beating the MSCI Small Cap Index, which fell 2.02%. The ordinary share price increased by 17.1% during the period and the discount narrowed from 16.99% to 12.90%. A second […]
CEB Resources Plc has announced that it has changed its name to Andalas Energy and Power Plc. The company, which is listed on AIM, was previously focused on invest in and/or acquire companies and/or projects within the natural resources and/or energy sector with potential for growth (The geographical focus was primarily Australia). Going forward, it […]
Aseana Properties says lenders are holding up capital distributions Aseana Properties has released an update on their progress towards making a first capital repayment to shareholders. The intention had been to make a first return of capital of US$10m to shareholders as of the end of September 2015 and to then make further returns of capital […]
The Schroder European Real Estate Investment Trust, which is due to list on the London Stock Exchange on 9 December 2015, with a secondary listing in South Africa, has announced the results of its initial public offering. Commitments for 104,347,800 ordinary shares were received under the initial placing and a total of 3,152,200 ordinary shares […]
BlackRock Income Strategies has announced its final results for the year ended 30 September 2015. The period was one that a saw a number of key developments for the trust. A new multi-strategy investment policy was adopted, investment management responsibility was moved from F&C to BlackRock, a nil discount policy was adopted, a tender mechanism […]
Online estate agency, Purplebricks, has announced that it has conditionally raised £58.1m before expenses from an institutional placing for its upcoming float on AIM. The company, which is expected to list on 17 December, is expected to have an opening market capitalisation of £240.3m. Woodford Patient Capital Trust, managed by Neil Woodford (pictured) has an investment […]
