No intention to make an offer for Alliance Trust plc On 31 May 2016, RIT Capital Partners announced that the possibility of combining the Company with Alliance Trust for the benefit of both sets of shareholders was at a preliminary stage of consideration. Following careful analysis and constructive discussions with representatives of Alliance Trust, RIT Capital […]
Custodian REIT’s results for the year ended 31 March 2016 show that its NAV per share rose by 0.2% to 101.5p resulting in an NAV total return of 6.2%. The share price total return was 3.5%. Dividends rose by 19% to 6.25p. Profit after tax rose by 28.7% and EPRA EPS was up 21.4% on the prior year to 6.8p. On the back […]
VinaLand Limited has published a copy of a VNL update presentation dated 3 June 2016 that will form the basis of discussions with shareholders at the forthcoming meetings scheduled in Europe commencing this week and in Asia thereafter. The shareholder discussions have been organised to discuss possible future strategic options for the Company which could […]
Montanaro European Smaller Companies has announced its annual results for the year ended 31 March 2016. During the period the trust’s NAV grew by 11.1% thereby outperforming its benchmark, the MSCI Europe Small Cap (ex UK) Index, which increased by 7.6%. During the same, the trust’s share price increased by 4.9%, which reflects a widening […]
Electra Partners has announced that it has agreed the sale of Elian to Intertrust for £435m. Electra Partners say that the transaction is subject to regulatory and Intertrust Group N.V. shareholder approvals. Following completion of the transaction, which Electra Partners say is expected during the third or final quarter of 2016, Electra Private Equity is […]
Ranger Direct Lending Fund has announced that, following consultation with potential investors, it intends to raise up to £30m through a placing of zero dividend preference shares (ZDP Shares). The Company currently expects the ZDP Shares to be issued with a 5 year term and a gross redemption yield of 5% per annum. The company […]
Over the year to the end of March 2016, Value and Income Trust generated a Net Asset Value total return (with debt at par) of 0.2%. this compares to a FTSE All-Share Index total return of -3.9%. However the Share price total return was -9.6%. The Board is recommending a substantial increase in the final dividend, […]
Alpha Pyrenees has provided an update on its situation as at the end of March 2016. The fund’s NAV has fallen again. KEY POINTS MATURITY OF BORROWINGS EXTENDED TO 31 OCTOBER 2016 TRUST HAS THE SUPPORT OF ITS LENDER FOR AN ORDERLY REALISATION OF ITS REMAINING PROPERTY ASSETS SALES PROCESS WILL NOT RESULT IN ANY […]
VinaLand Limited and Vinacapital Vietnam Opportunity have announced that they are divesting their stakes in Project Pham Hung. The project, acquired by VNL and VOF in 2007, is a 2.4 hectare parcel of land located in Hanoi and has planning approval for a future mixed use development. VNL will dispose of its entire stake at a total valuation 0.2% […]
Personal Assets has announced results for the year ended 30 April 2016. Over the year to 30 April 2016 Personal Assets ‘s net asset value per share rose by 5.0%. This compares to a fall of 9.0% in the FTSE All-Share Index. Personal Assets ‘s share price rose by GBP21.80 or 6.2% during the year and at 30 […]
