Alpine Select AG and Absolute Invest AG, shareholders in Altin with combined holdings of 32.41% have called for an Extraordinary General Meeting to take place by 16 March 2016 and for the following items to be put to a vote: The payout of a dividend of CHF 20.00 per share, paid out of retained earnings […]
Electra has announced the sale of its interest in fine art materials producer Daler-Rowney to the FILA Group, a Milan-listed producer of writing instruments and art supplies. Electra received proceeds of approximately £32m which equates to an uplift of £20m or 163% on the valuation of Daler-Rowney at 30 September 2015, implying an increase in NAV per share […]
HICL Infrastructure Company Limited, the listed infrastructure investment company advised by InfraRed Capital Partners Limited, has announced that it has reached an agreement to acquire a 13.8% interest in the A63 autoroute project in France. The vendors are Colas Sud Ouest and Spie Batignolles. The acquisition is subject to a number of conditions and is expected […]
JPMorgan Russian has published its results for the year ended 31 October 2015. The MSCI 10/40, the benchmark, fell by a further -13.4% (2014: -21.0%). Both JPMorgan Russian’s return to shareholders and the net asset value total return slightly underperformed the benchmark index, with falls of -13.5% and -14.2% respectively. The dividend is being maintained at […]
Target Healthcare REIT Limited and its subsidiaries has announced that it has completed the acquisition of a premium, purpose-built care home in the south east of England for c.£14m (including transaction costs). This transaction is in accordance with the Group’s investment policy. The home was opened in 2011 and provides accommodation in luxurious surroundings in […]
BlackRock Commodities Income has published results for the year ended 30 November 2015. It will come as no surprise, given how weak the resources sector has been (the Brent oil price fell by 38% and key industrial commodities copper and iron ore plunged by 29% and 40% respectively), that the company had a poor year, […]
Green REIT has appointed JLL to sell “The Glas Collection” by private treaty on its behalf. The Collection comprises six properties and provides exposure to almost all Irish property sectors, with a diversified and secure income stream. Four of the six properties are in Dublin and include the mixed use Arena Centre in Tallaght, Ormond […]
Polar Capital Global Financial has reported a return on net assets of 5.3% for the year to the end of November 2015. this compares well to a total return of 0.9% for the benchmark MSCI World Financials Index, and total return of 3.8% delivered by the broad MSCI World Index. The Company’s share price total return […]
Diverse Income’s interim results, covering the six months ended 30 November 2015, show the fund generating a return on net assets of 6.4% and a return to shareholders of 7.0%. They also declared two quarterly dividends of 0.65p each. The Board is rebalancing the quantum of the four quarterly dividends to make them more equal […]
TwentyFour Income Fund has announced a placing, offer for subscription, open offer and placing programme of new ordinary shares and an opportunity for shareholders to elect to realise some or all of their investment in the Company. A prospectus has been published providing details of the issue. TwentyFour Income Fund Limited was launched on 6 […]
