In this instance we have reproduced the text of the announcement in full: Allocation of Assets and Reclassification of Shares Summary The net asset value of Ecofin Water & Power Opportunities plc (the “Company” or “EWPO”) was 158.02p per EWPO Share on the Calculation Date, comprising 135.5442p in respect of the liquid assets to form […]
Real Estate Investors has announced its interim results for the six months to 30 June 2016. The company says that the period has seen record rental income, portfolio and dividend growth although the company’s EPRA NAV per share fell by 2.2% to 63.5p (31 December 2015: 64.5p). At the end of the period the company’s […]
Oakley Capital Investments Limited (OCL) has announced its interim results for the six months ended 30 June 2016. During the period, the company’s NAV increased by 7.5% to £2.15 per share. The company says that 15p uplift in NAV per share is attributable to the strong performance of the underlying Funds and favourable exchange rate […]
HgCapital, the Manager of HgCapital Trust, has announced that it has agreed the sale of Personal & Informatik AG (P&I), a provider of payroll and strategic HR software headquartered in Germany, to a company backed by funds of Permira. HgCapital say that the sale of P&I represents the first exit from the HgCapital 7 Fund […]
Ruffer has published its results for the year ended 30 June 2016. The NAV fell by 1% on a total return basis. The target return, being twice the Bank of England base rate, amounted to 1% over the financial year and by way of context the FTSE All-Share Total Return index rose by 2.2%. Earnings […]
GCP Student Living reports that its EPRA NAV per ordinary share increased by 9%, from 125.51 pence to 136.93 pence as at 30 June 2016. Total operating profit (including valuation gains) was GBP39.3 million (GBP 12.2 million excluding valuation gains). Earnings per share fell from 28.46p to 15.48p and EPRA EPS for the group fell […]
New Star Investment Trust’s total return was 12.06% for the year to 30th June 2016. This took the year-end NAV to 125.70p. Unfortunately the discount widened and the share price rose by just 3.4%. By comparison, the Investment Association’s Mixed Investment 40-85% Shares index gained 2.20%. Equity markets generated positive returns, with overseas performance enhanced in sterling […]
SVG Capital reports a 12% increase in NAV per share to 735p for the six months to 31 July 2016. Excluding the currency benefit on the investment portfolio, the NAV growth was 6%. During the period they committed GBP273 million to three new fund investments. They introduced two new managers to the portfolio (L Catterton and IK Investment Partners) […]
Electra Partners has announced the successful initial public offering (“IPO”) of its portfolio company Hollywood Bowl Group, the UK’s largest ten-pin bowling operator. Upon admission of its shares to the Main Market of the London Stock Exchange on 21 September 2016, Hollywood Bowl will have a market capitalisation of GBP240 million. Based on the offer price, […]
North Atlantic Smaller Companies reports that for the six month period to 31 July 2016, the fully diluted adjusted net asset value (with Oryx under the equity method of accounting) rose by +3.0% as compared to a rise in the sterling adjusted Standard & Poor’s 500 Composite Index of +20.6% and the FTSE Small Cap […]
