Standard Life UK Smaller Companies’ diluted net asset value total return was 15.2% for the six months ended 31 December 2015. This compares with a total return of -1.0% for the Company’s benchmark, the Numis Smaller Companies Index (excluding Investment Companies). The Board say the outperformance is remarkable given stock markets have proved challenging over the period. The […]
Genesis Emerging says, over the second half of 2015, the Fund’s net asset value per share declined from 572p to 514p, a loss of 10.1%. The Fund’s share price also fell by 10.1% during the period with the discount ending 2015 at 11.9%. Although this result was slightly ahead of the Index, both the Board and the […]
Greencoat UK Wind has announced its annual results for the year ended 31 December 2015. During the period, the company’s NAV per share grew by 0.48% to 104.5p but, including dividend (6.26p) the company has provided an NAV total return of 6.6%. During the year, portfolio power generation was 8% above budget at 799.3GWh (the […]
Hibernia REIT has announced that it has exchanged contracts to acquire Central Quay, a modern office building located between Sir John Rogerson’s Quay and Hanover Quay in the South Docks area of Dublin, for €51.3m. Central Quay (pictured), was completed in 2007 and is a 57,700 square foot office building, arranged over six floors, with 26 […]
The Board of JPMorgan Senior Secured Loan has considered the future prospects of the Company, particularly in light of the commitment under its Articles of Incorporation to make a redemption offer for 50 per cent. of its shares, triggered by the Company’s shares trading at an average discount in excess of five per cent during […]
SEGRO has announced its annual results for the year ended 31 December 2015. The company describes the year as one of strong operating and portfolio performance and they say the results reflect the active management of their assets, positive market dynamics and the strategic repositioning of the company’s portfolio, which is now almost exclusively focused […]
Strategic Equity Capital’s interim figures, covering the six months ended 31 December 2015, show the NAV per share and the NAV total return per share decreased by 2.3% and 2.0% respectively. The Chairman’s statement says that aside from the exceptionally disappointing returns from one investment, Tribal Group, the vast majority of the remaining portfolio performed […]
Sanditon Investment Trust says the second half of 2015 was a disappointing period for the fund with the net asset value closing at 99.3p which, after including the 0.45p maiden dividend paid to shareholders in December, amounted to a loss of 3.25% over the period. The share price closed the year at 107.4p, up 0.8% […]
SEGRO has announced that it has entered into an exclusive partnership with Roxhill to potentially develop more than 10 million square feet of big box logistics warehousing, over 10 years, in the South East and Midlands. This will allow SEGRO to add significant scale to its UK big box logistics portfolio. SEGRO says that Roxhill is […]
Redefine International has announced the completion of the Placing, which has raised gross proceeds of approximately £115m (net proceeds approximately £109m). A total of 270,588,236 new Ordinary Shares are being issued under the placing. These shares, in aggregate, represent approximately 15.32% of the company’s issued ordinary share capital immediately following admission of the shares. The […]
