P2P Global manager merging with Pollen Street Capital – MW Eaglewood is to be absorbed by Pollen Street Capital. Following an extensive process, P2P Global says it has concluded its review of its investment management arrangements. A joint proposal was submitted by the existing investment manager, MW Eaglewood Europe LLP, and Pollen Street Capital Limited […]
The Board of Genesis Emerging Markets informs shareholders that, following discussion with Genesis Asset Managers, LLP, there is to be a reduction in the management fee the Manager is entitled to receive from the Fund. The new management fee will be 0.95% per annum, which is charged on the Net Asset Value of the Fund. […]
CVC Credit Partners European Opportunities has announced that, in the light of the Company’s total return performance in 2016 and year to date 2017, its Board of Directors has revised the Company’s dividend target from the current level of 5 pence / 5 Euro-cents per ordinary share, to target a dividend of 5.5 pence / […]
McKay Securities has announced its full-year results for the year ended 31 March 2017. The company describes the year as being one of, “Strong performance, delivering record rental income and portfolio value”. The company’s summary of the year’s highlights are as follows: Financial Highlights Adjusted profit before tax up 8.3% to £8.60 million (31 March […]
John Laing Environmental Assets (JLEN) has announced that, further to the acquisition of the Moel Moelogan 2 wind farm (made of the on 20 April 2017), it has made a follow-on acquisition of the Moel Moelogan 1 wind farm (pictured) for a total cash consideration of £3.0m, including working capital and the repayment of a […]
Northern Investors is proposing to return a further £6.4 million to Shareholders, representing 257.5 pence for each Ordinary Share currently in issue, utilising the B Share Scheme that was approved by Shareholders on 19 January 2017. The company says that, under its proposals, Shareholders will receive 5.15 B Shares for each Ordinary Share held by […]
RM Secured Direct Lending (RMDL), which listed on the London Stock Exchange on 15 December 2016, has announced the results of its recent placing. The company says that it has received commitments from investors subscribing for a total of £7.1 million (before costs and expenses) via the Placing and that, accordingly, an aggregate of 7,000,000 […]
As per its announcement on 27 April 2017, Aberforth Geared Income Trust (AGIT) has reached agreement with Aberforth Split Level Income Trust plc (ASLIT) on the terms of the reconstruction and winding up of AGIT, under which ASLIT will act as a rollover option for investors in AGIT. AGIT has published a circular in respect […]
North Atlantic Smaller Companies (NAS) has announced its annual results for the year ended 31 January 2017. During the period under review, the fully diluted net asset value per share rose by 8.1% to an all time high of 2,968p. This is markedly below the rise in the sterling adjusted Standard & Poor’s Composite Index, […]
Civitas Social Housing (CSH) has announced that it has completed the purchase of a portfolio of regulated social housing for a total consideration of £6.0 million, comprising the freehold interest in supported living properties, with 52 tenancies, in North East England. The acquisition was funded using the company’s existing cash resources. CSH says that the […]
