In this instance we have reproduced the text of the announcement in full: Allocation of Assets and Reclassification of Shares Summary The net asset value of Ecofin Water & Power Opportunities plc (the “Company” or “EWPO”) was 158.02p per EWPO Share on the Calculation Date, comprising 135.5442p in respect of the liquid assets to form […]
SVG Capital reports a 12% increase in NAV per share to 735p for the six months to 31 July 2016. Excluding the currency benefit on the investment portfolio, the NAV growth was 6%. During the period they committed GBP273 million to three new fund investments. They introduced two new managers to the portfolio (L Catterton and IK Investment Partners) […]
Electra Partners has announced the successful initial public offering (“IPO”) of its portfolio company Hollywood Bowl Group, the UK’s largest ten-pin bowling operator. Upon admission of its shares to the Main Market of the London Stock Exchange on 21 September 2016, Hollywood Bowl will have a market capitalisation of GBP240 million. Based on the offer price, […]
Ruffer has published its results for the year ended 30 June 2016. The NAV fell by 1% on a total return basis. The target return, being twice the Bank of England base rate, amounted to 1% over the financial year and by way of context the FTSE All-Share Total Return index rose by 2.2%. Earnings […]
GCP Student Living reports that its EPRA NAV per ordinary share increased by 9%, from 125.51 pence to 136.93 pence as at 30 June 2016. Total operating profit (including valuation gains) was GBP39.3 million (GBP 12.2 million excluding valuation gains). Earnings per share fell from 28.46p to 15.48p and EPRA EPS for the group fell […]
Ranger Direct Lending has reported interim results covering the first half of 2016. The proceeds of the initial public offering (IPO) on 1 May 2015 and December’s secondary issue of Ordinary Shares were all substantially deployed by the end of 2015, so Ranger began 2016 with all of its assets committed to Debt Instruments, less […]
NB Private Equity Partners has announced that it has issued 50m new 2022 Zero Dividend Preference Shares (2022 ZDP shares), at 100p each, raising £50m. The issue was conducted by way of a rollover offer of the company’s 2017 ZDP Shares, into 2022 ZDP Shares, and an offer for subscription and the initial placing of […]
Alternative Asset Opportunities PCC Limited has made an announcement about Traded Life Interests. On 23 June 2016 it announced that it was exploring the possibility of a sale of the portfolio. The Board is pleased to announce today that is has conditionally agreed to sell 71 of the Company’s 80 policies for a total cash consideration […]
HICL Infrastructure Company Limited, has announced the purchase of a proportion of the Road Management Services (A13) PLC Index-Linked Guaranteed Secured Bonds 2028 for GBP50.1m. The Bonds were issued in 2000 to finance the A13 Thames Gateway PFI Project and have the benefit of an unconditional and irrevocable financial guarantee from the monoline MBIA UK in […]
Green REIT has reported a 14.9% increase in its EPRA NAV to EUR1.52 per share, underpinning a 17.7% total return in the year to the end of June 2016. EPRA EPS increased 131% to 3.7 cents per share as contracted annual rents rose by 10% to EUR61.3 million. The proposed dividend is 4.6 cents – up 188% […]
