Between the 30 September 2013 and 31 December 2013 LEF’s NAV fell from 85p per share to 70.8p per share. 5p of the fall reflects a distribution that was made to shareholders, the rest is mainly a reduction in the carrying value of ECO Plastics as LEF changed they way they valued and accounted for that […]
SVI has announced that the remainder of its investment in ProSieben Sat.1 Media AG has been sold. SVG Capital will get £85.6m from the sale. SVI also announced that they’ll announce their results n 13 February 2014.
FEV will split each of its shares into 10 new shares (subject to shareholder approval at the next AGM). The shares are currently well over £15, so by splitting them FEV will make it easier for shareholders to invest smaller amounts of money in the company.
On 31 January AGOL will return 78.84p per sterling share and 79.71 cents per US$ share by way of a compulsory redemption of shares. 12.83% of a shareholder’s holding will be redeemed.
PHP is funding, to the tune of £2.25m, the building of a new medical centre in Wrexham and expects the centre will be operational by the end of 2014.
Over the six months to the end of November 2013 M&G High Income’s package units delivered a total return of 6.1% – ahead of the returns on the FTSE 350 High Yield Index (up 2.3%) and the FTSE All-Share Index (up 3.9%). Dividends for the first half totalled 2.8p, 7.7% up on the equivalent period […]
JPEL has secured third parties to buy up t0 84m of its shares at $0.80 per share – a premium to the current share price, it will cease making capital distributions and invest up to $150m in “growth” companies. Having repaid part of its zero dividend finance, cut debt and bought back $20m worth of shares […]
HICL has sold two assets and bought another three, raising £5.8m in the process. the assets sold were HICL’s stakes in the Dorset and Swindon police projects and the assets acquired were the remaining 20% stakes they did not own in the Derby and Newport Schools projects and the Medway police project.
HICL has acquired an 85% interest in the University of Bourgogne PPP (four new academic buildings on the university campus) and a 90% interest in the Troisseruex by pass RD901 PPP (a 7km dual carriageway being built as a bypass for the town of Troissereux near Beauvais). The total outlay for the two projects is […]
Invesco Property Income has confirmed that its sales of an office building in Rozendal Park, Hoeilaart, Belgium (pictured) and another office building in Gerrards Cross, Buckinghamshire have completed. the sales raised €7.96m and £3.21m for the fund respectively (uplifts of €0.16m and £1.47m over previous valuations). The proceeds have been used to repay borrowings. IPI has […]
