John Laing Environmental Assets has announced that it has purchased the Burton Wold Extension Wind Farm from John Laing Group plc for a cash consideration, including working capital, of £21.8m. The wind farm is located near Burton Latimer in Northamptonshire and comprises nine General Electric 1.6MW-100 turbines with a total generating capacity of 14.4MW. The […]
Qannas Investments Limited has announced the results of its tender offer to purchase up to 8,414,968 ordinary shares at a tender price of US$0.95 per ordinary share (approximately US$7.99 million in total). The Company says that that a total of 8,414,968 Ordinary Shares have been tendered and that tenders for up to 10.77% of shareholders’ […]
Better Capital PCC has announced that its 2009 Fund (BECAP Fund LP) has disposed of its interests in Santia Holdco Limited, together with its wider trading group, Santia. Santia is a provider of health & safety and accreditation services, which was acquired on 1 February 2011 from the administrators of Connaught plc. Santia was sold […]
Bluefield Solar Income Fund has announced that, following its placing and offer for subscription, it has received commitments for 30,098,639 new ordinary shares under the placing and 901,361 new ordinary shares under the offer for subscription. As such, 31.0m new ordinary shares are to be issued at a price of 102p per share, raising gross […]
Monks Investment Trust has announced its interim results for the six months ended 31 October 2015. Over the period, the company’s NAV lost 3.5% in total return terms, modestly outperforming the FTSE World Index which lost 4.3% (all in sterling terms). Reflecting a modest widening of the discount during the period, the share price total […]
LondonMetric Property has announces that it has sold its PC World property in Hove to clients of Aberdeen Asset Management PLC for £13.6m, reflecting a net initial yield of 5.4%. LondonMetric acquired the asset for £8.1m and recently signed a new 15 year lease (with a break at 10 years) with PC World at a […]
Renewable Energy Generation has provided an update on the proposed sale of the Group’s Business to a fund managed by BlackRock, which values the company’s equity, before exit costs, at £64.5m. The board is recommending that shareholders approve the proposals related to the transaction and an EGM is being convened on 18 December 2015. If […]
Standard Life UK Smaller Companies Trust, managed by Harry Nimmo (pictured), has announced some changes to its managaement fee and discount control policy. The company has agreed with the investment manager that, with effect from 1 January 2016, a tiered management fee will be introduced with the current fee of 0.85% continuing to apply to […]
BlueCrest Capital Management has announced that they intend to return all external money to investors and just manage their own. The implication of this is that BlueCrest AllBlue will follow BlueCrest BlueTrend into liquidation. The full text of their announcement is given below: The Company has today received a notification from BlueCrest Capital Management Limited […]
As anticipated in Amedeo Air Four’s Prospectus from April 2015, Amedeo Air Four Plus Limited, via its wholly-owned subsidiary AA4P Delta Limited, has bought, directly from Airbus, one A380 aircraft bearing manufacturer’s serial number 201. The deal was completed on 30 November at a net cost to the company of $275,000,000. In accordance with the investment […]
