Funding Circle SME Income Fund (FCIF) has announced that it is launching a placing of C Shares under its share issuance programme. This is the company’s first potential share issuance, under its share issuance programme, which was established to raise funds over a twelve month period. The C Share placing is expected to close on […]
JPEL Private Equity Limited (JPEL) has announced that, on 14 March 2016, Caisse de dépôt et placement du Québec (CDPQ) announced an investment in Datamars, a global company based in Switzerland whose technology is used to identify and track livestock, companion animals and textiles. The transaction is subject to regulatory and change of control approvals […]
Baillie Gifford Shin Nippon (BGS) has announced its results for the year to 31 January 2017. Over the year the Company’s net asset value per share (after deducting borrowings at fair value) rose 34.0%, whilst it says its comparative index, the MSCI Japan Small Cap Index, rose by 34.9% in sterling terms. The share price […]
Princess Private Equity (Princess) has published its annual report for the year ended 31 December 2016. During the year, Princess’ audited net asset value (NAV) increased to EUR 10.16 per share, which it says represents an increase of 12.9% on a total return basis, adjusted for the total dividend of EUR 0.54 per share. This […]
With effect from 1 April 2017, James Goldstone will become the portfolio manager of Keystone Investment Trust plc. James Goldstone (39) has been a UK equities investment specialist for 15 years and a member of the Invesco Perpetual UK equities team for 5 years, working closely with and alongside Mark Barnett. In October 2016, James […]
BlackRock Smaller Companies Trust, managed by Mike Prentis (pictured), has announced that its board is considering the removal of the current restriction that the value of AIM-listed stocks should not exceed 40 per cent. of the Company’s portfolio. The board says that the proposal comes in the light of the development and evolution of the AIM […]
The boards of Threadneedle UK Select Trust (UKT) and Henderson High Income Trust (HHI) have both made announcements regarding proposals to wind up Threadneedle UK Select Trustand roll-over into Henderson High Income Trust. Threadneedle UK Select faces a continuation vote at its forthcoming AGM and its Board says that it has been reviewing the options […]
MedicX Fund Limited has announced that following a period of consultation, the directors have determined that it is in the best interests of shareholders as a whole to convert to a Real Estate Investment Trust (“REIT”). It is intended that an EGM will be held later this financial year, allowing shareholders the opportunity to vote […]
LondonMetric Property Plc has sold three retail parks in Christchurch, Bedford and Maidstone for GBP60.9 million (LondonMetric share: GBP52.6 million). At Christchurch, the 104,000 sq ft retail park has been sold to clients of Orchard Street Investment Management for GBP34.5 million, reflecting a NIY of 5.65%. The property was purchased in 2013 for GBP27.1 million and […]
Polar Capital Global Healthcare Growth and Income Trust has announced brief details of its proposals for the future of the Company. Subject to the approval of shareholders and regulatory approvals as required, it is proposed that: the existing investment mandate is changed to a growth mandate; there will be a dividend going forward, but at a lower level than before; the name […]
