News

25 Nov 2015

Pantheon International drops the participations

Pantheon International Participations Plc has announced that it has changed its registered name to Pantheon International Plc. The Company’s tickers for its Ordinary and Redeemable shares remain the same. PIN for the ordinary shares and PINR for the redeemable shares. Pantheon International drops the participations : PIN and PINR  

25 Nov 2015

TR Property revenues bolstered by lower refinancing costs

TR Property Trust, managed by Marcus Phayre-Mudge (pictured), has announced its interim results for the half year ended 30 September 2015. During the period, the company’s NAV rose by 0.6% on a total return basis, ahead of the company’s benchmark , which fell 2.0%, whilst the share price fell by 4.1% and the discount to NAV increased […]

24 Nov 2015

Chenavari Capital Solutions seeks to extend investment period

Chenavari Capital Solutions has announced that it intends to seek shareholder approval for the extension of its investment period for up to 12 months to 31 December 2016 at an EGM scheduled for the 18 December 2015. In the Company’s prospectus, published in connection with its IPO, the Company stated that, following 31 December 2015, […]

23 Nov 2015

Marwyn Value Investors raises £50m through conditional placing

Marwyn Value Investors has announce that, under the terms of its conditional placing (announced on 19 November), 22,727,273 ordinary shares in the have been conditionally placed at a price of 220p per share with institutional investors. Completion of the placing, which has conditionally raised £50m, remains subject to a number of conditions including approval at […]

23 Nov 2015

Riverstone Energy to raise up to £65m and increase its stake in Canadian International oil

Riverstone Energy has announced a dilutive share issue. It intends to raise up to £65m through a placing and open offer at £8 per share and intends to use up to US$67m of the proceedes to increase its stake in Canadian International Oil Corp. The open offer, due to launch on 23 November 2015, is being […]

23 Nov 2015

JPMorgan European Smaller Companies beats benchmark on the back of good stock selection

JPMorgan European Smaller Companies, chaired by Carolan Dobson (pictured), has announced its interim results for the six-months ended 30 September 2015. During the period, the trust provided a total return of 2.4% outperforming the company’s benchmark, the Euromoney Smaller European Companies (ex UK) Index, which lost 3.8% in total return terms. The company says that the […]

23 Nov 2015

Montanaro UK Smaller Companies benefits from good stock selection and a favourable style tailwind

Montanaro UK Smaller Companies, managed by Anna Lunden (pictured), has announced it interim results for the six months ended 30 September 2015. During the period, the company provided NAV and share price total returns of 12.5% and 14.7% respectively. These are both ahead of the performance of its Numis Smaller Companies Index benchmark, which returned […]

23 Nov 2015

Sirius Real Estate sees 5.5% increase in NAV during H1 with reduced interest cost and acquisitions still to kick in

Sirius Real Estate has announced its interim results for the six-months ended 30 September 2015. During the period, the company’s adjusted net asset value per share increased by 5.5% to 50.13c (31 March 2015: 47.51c) despite the payment of €7.6m in early termination fees for the repayment of loans from Macquarie, which the company says […]

23 Nov 2015

Drum Income Plus REIT purchases Monteith House in Glasgow for £5.75m

Drum Income Plus REIT has announced the acquisition of multi-let office investment Monteith House in Glasgow for a consideration of £5.75m. Monteith House is an office development located in George Square, in the centre of Glasgow, whose key tenants include VisitScotland and Skills Development Scotland. The company says that the purchase price reflects a yield […]