On 4 July 2016, it was disclosed that Crystal Amber Fund Limited had acquired a disclosable interest of 3 per cent of the issued share capital of Northgate. In September 2012, Crystal Amber invested in Northgate and following successful engagement, exited the position in April 2015. Since then, Northgate’s share price has fallen by approximately 50%. […]
For the year to 31 March 2016 BACIT‘s Net Asset Value total return per share was -0.2% and the share price total return was 8.5%. This compares to falls in the MSCI World Index of 3.5% and the FTSE All-Share of 3.9%. BACIT will pay a scrip dividend of 2.2 pence per share on 19 August 2016. Shareholders […]
Over the year to the end of March 2016 Oryx International Growth‘s net asset value rose by 21.3% as compared to a fall of 0.8% in the AIM Index. Gleeson’s share price rose 50% following better than expected results, while Journey Group share price rose 46%, following successful new contracts with Fedex and extensions with […]
The Board of Private Equity Investor has announced that it has received a proposal to acquire 15 of its Limited Partnership investments. The proposal covers approximately 87% of the NAV of the investment portfolio of the Company. The proposal is priced at a 35% discount to the net asset value of these holdings at 31 December 2015. […]
Fair Oaks Income Fund has announced that the commitment period of the Master Fund, in which it is invested, ended on 12 June 2016. Reflecting this, the board says that it intends to continue to pay eleven monthly dividends of 0.7 US cents per share and a twelfth interim dividend, “representing an amount in aggregate […]
The Board of JPMorgan Global Emerging Markets Income Trust has announced that effective from 1st August 2016, Jeffrey Roskell will replace Richard Titherington as the second listed Investment Manager. The Company will continue to be managed primarily by Omar Negyal, with Amit Mehta providing additional support to the team as Deputy Investment Manager. Mr Roskell (pictured) is […]
International Public Partnerships Limited has announced that it has agreed to acquire ten Building Schools for the Future (“BSF”) investments from Balfour Beatty, marking a significant evolution in the Company’s allocation to education infrastructure. The transaction will transform INPP into a majority investor in BSF, the investment delivery vehicle designed to refurbish secondary schools across the […]
Nimrod Sea Assets has published results for the year ended 31 March 2016. The company made various announcements in the early part of the year. These included the decision to effectively halt any further deals and new transactions; to pay four quarterly dividends of 2 cents per share from June 2015 to March 2016, most of […]
Miton Global Opportunities has released results for the year ended 30 April 2016. The net asset value per share rose to 182.4p, a total return of 0.4% – there is no dividend. The manager says the company’s shares ended the financial year standing at an all-time high, moving from 162.75p to 164.25p during the year. […]
According to an article in the Daily Telegraph (which you can access here), Elliott Advisors (the activist investor in Alliance Trust) has built up a 5% stake in British Empire worth £32m. So far neither side has commented on the story. BTEM : Activist building stake in British Empire
