Hg Capital reports that, at 30 June 2016, the Trust’s NAV per share reached a new high of £15.48 per share, after the payment of a dividend in respect of 2015 of 40 pence per share, reflecting growth during the half year (on a total return basis) of 12.1%. The total NAV of the Trust […]
HarbourVest today announces a full and final cash offer to be made by HarbourVest Bidco for the entire issued and to be issued ordinary share capital of SVG Capital, to be implemented by way of a takeover offer within the meaning of Part 28 of the Companies Act 2006. Under the terms of the Offer, […]
Over the year to the end of June 2016, Murray Income Trust’s net asset value (total return) outperformed its benchmark, rising by 5.9%, compared to 2.2% for the FTSE All-Share Index. The Board is recommending a final dividend of 11.25p, which makes a total for the year of 32.25p, an increase of 0.8%. The shares produced a […]
The Board of International Biotechnology Trust has announced two proposals which it believes will be of benefit to shareholders and potential investors. These include the introduction of dividend payments and amendments to International Biotechnology Trust’s investment policy to allow it to invest in unquoted funds. Both proposals will be subject to shareholder approval at a […]
Since its AGM in 2013, Pacific Horizon has asked shareholders each year for authority to implement, at the Board’s discretion, a bi-annual tender offer for up to 5% of its issued share capital (depending on the average level of its discount during the prior six month period). The Board, taking into consideration the need for the fund to have sufficient […]
BlackRock Latin American benefitted from the recovery in regional stock markets over the six months ended 30 June 2016 but underperformed its benchmark. The MSCI EM Latin America Index ended the period up by 25.7% in US dollar terms (38.6% in sterling terms). By comparison the NAV increased by 23.0% in US dollar terms (35.6% in […]
Secure Income REIT has announced its interim results for the six months ended 30 June 2016. These show a 6.2% increase in its EPRA NAV to 300.2 pence per share and a near doubling of its adjusted EPRA EPS to 5.4p, up from 2.9p in the six months to 31 December 2015 and (0.3)p in the six […]
Over the year to the end of June 2016 Aberdeen Frontier Markets’ net asset value per share and share price declined by 13.6% and 16.0% respectively compared to a decline of 12.1% in the MSCI Frontier Markets Net Total Return Index. The Board is proposing to pay an initial dividend in respect of the second half […]
Juridica reports a total comprehensive loss of US$27.2 million (2015: US$34.2 million) or 24.67 cents per ordinary share for the six months ended 30 June 2016 due principally to: a net unrealised loss of US$23.8 million generated from the change in valuation of the Company’s investments; operating expenses of US$2.1 million; a realised loss of […]
Oakley Capital Investments (OCIL) has announced that Oakley Capital Private Equity II2 (Fund II) has sold a controlling stake in PARSHIP ELITE Group, a leading online dating service in the German-speaking world, to ProSiebenSat.1 Media SE. The transaction reportedly values the business at €300m and OCIL says that this represents a return of 3.6x MM […]
