Shaftesbury has published results for the year ended 30 September 2015. The EPRA NAV increased by 21.9% to 869p and EPRA earnings per share increased by 6.6% to 13p. The total dividend for the year was upped by 5% to 13.75p. Commercial rent reviews came in at 24.8% above previous rents, equivalent to five-year compound […]
Premier Energy & Water published a prospectus on Friday that covers a reconstruction and voluntary winding up of PEWT Securities PLC. PEWT Securities PLC is the company behind Premier Energy & water’s current ZDP issue. These are coming to the end of their life. They are proposing that holders of these zeros be given the […]
BACIT is proposing that it start paying management fees. These won’t be huge and the investment policy – that it will invest in underlying funds on a “gross return” basis, that it will invest up to 1% a year of its net asset value in drug development projects and that it will donate 1% a year of […]
Perpetual Income & Growth has published interim figures for the six months ended 30 September 2015. The FTSE All-Share Index returned -7.2% over this period but Perpetual Income & Growth returned -0.2% on net assets and the return to shareholders was +2.4% (the shares moved from a 3% discount to 0.1% discount). The dividend for […]
Riverstone Energy has announced a dilutive share issue. It intends to raise up to £65m through a placing and open offer at £8 per share and intends to use up to US$67m of the proceedes to increase its stake in Canadian International Oil Corp. The open offer, due to launch on 23 November 2015, is being […]
JPMorgan European Smaller Companies, chaired by Carolan Dobson (pictured), has announced its interim results for the six-months ended 30 September 2015. During the period, the trust provided a total return of 2.4% outperforming the company’s benchmark, the Euromoney Smaller European Companies (ex UK) Index, which lost 3.8% in total return terms. The company says that the […]
Montanaro UK Smaller Companies, managed by Anna Lunden (pictured), has announced it interim results for the six months ended 30 September 2015. During the period, the company provided NAV and share price total returns of 12.5% and 14.7% respectively. These are both ahead of the performance of its Numis Smaller Companies Index benchmark, which returned […]
Sirius Real Estate has announced its interim results for the six-months ended 30 September 2015. During the period, the company’s adjusted net asset value per share increased by 5.5% to 50.13c (31 March 2015: 47.51c) despite the payment of €7.6m in early termination fees for the repayment of loans from Macquarie, which the company says […]
Drum Income Plus REIT has announced the acquisition of multi-let office investment Monteith House in Glasgow for a consideration of £5.75m. Monteith House is an office development located in George Square, in the centre of Glasgow, whose key tenants include VisitScotland and Skills Development Scotland. The company says that the purchase price reflects a yield […]
Invesco Perpetual Enhanced Income Limited has announced its annual results for the 12-months ended 30 September 2015. During the period, the NAV per share fell 5.4% whilst its share price fell 6.2%. However, including income, the Company’s portfolio has generated a NAV total return of +1.5%. The company says that this compares to a total […]
