Further to JPEL Private Equity Limited’s announcement on 11 March 2016 discussing the timeline for the implementation of the realisation share class, the company announces that holders of a majority of US$ Equity Sharesc have, in recent weeks, notified the Board that they no longer support the dual continuation share class and realisation share class […]
Baker Steel Resources Trust has published its results for 2015. The Euromoney Global Mining Index fell 39.3% in Sterling terms during the year and at 31 December 2015 was down 68.2% from the date of the Company’s first Net Asset Value (NAV) on 30 April 2010. By comparison, the Company’s NAV per share fell 25.4% […]
Blackstone/GSO Loan Financing has published its accounts for 2015 (figures are in Euros unless otherwise indicated). The fund returned just over 8% for the year. Over the period its NAV fell from 99 cents to 98.39 cents and its share price fell from 101 cents to 98 cents. BGLF paid dividends of 8 cents (2 cents […]
John Laing Environmental Assets has announced that it is proposing to raise up to £65m by way of a cash placing of new ordinary shares to institutional investors. The company says that the net proceeds of the Placing will be used to repay the Company’s facility to provide capital for pipeline acquisitions. On 17 March, […]
Prospect Japan Fund, which reports its results in US dollar terms, says that for 2015, it achieved a gain, in Dollar terms, of 19.13% as against the MSCI Japan Small Cap Index increase of 15.74%. The Yen:Dollar exchange rate at 31 December, 2015 was virtually unchanged from a year earlier. The largest contributors to 2015 […]
UK Commercial Property Trust has published its results for 2015. The Chairman says the fund delivered a NAV total return of 9.1% over the 12 month period, outperforming the FTSE All- Share Index return of 1.0% and the ten year gilt index of 0.8%. The return from UKCM was behind that of the IPD benchmark […]
Henderson Far East Income says its net asset value total return per ordinary share was 5.8% for the six months ended 29 February 2016. This compares favourably with the 3.9% total return on the FTSE All-World Asia Pacific ex Japan Index (sterling adjusted) over the same period. The share price total return per ordinary share […]
Premier Energy and Water Trust has announced that it has published a prospectus in connection with a placing programme. Shareholders approved the scheme, which allows for the company to issue up to 20m shares, at a general meeting on 19 April 2016. The company’s board say that it will enable them to promptly respond to investor demand […]
Foreign & Colonial Investment Trust has agreed to issue fixed rate senior unsecured private placement notes in tranches of (i) GBP25 million principal with a 12 year tenor, at a coupon of 2.80% and (ii) GBP50m principal with a 15 year tenor, at a coupon of 3.16%. The funding date for the notes is expected […]
BlackRock Greater European says its undiluted net asset value per share increased by 2.1%, compared with a decrease of 0.8% in the FTSE World Europe ex UK Index. Over the same period, the Company’s share price rose by 3.2% (all percentages calculated in sterling terms with income reinvested). Since the period end to 18 April 2016, the […]
