BH Macro is offering shareholders the chance to exit now via a tender. They are instituting some transition arrangements covering the period between the tender and March 2019. After March 2019 it will be easier to exit the fund without paying a big penalty. 100% Tender BH Macro is holding a tender for all its shares at […]
Riverstone Energy wants to amend its investment policy to allow it to make an additional investment in Canadian International Oil Corporation (CIOC). At the moment they are limited to a maximum of 25% in any one investment. They want to take the limit up to 35% for this investment. Shareholders get to vote on this […]
Empiric Student Property has entered into three forward funding arrangements with a Leicester-based property company to develop a total of 170 beds in Leicester across three properties for an aggregate investment of GBP15.975 million. 134 New Walk and 140-142 New Walk are located immediately to the west and east, respectively, of the Group’s recently acquired standing […]
Hansa says its net asset value produced a total return of c. 17% over the six months ended 30 September 2016 in comparison to a total return of c. 2% from its benchmark. The ordinary shares rose 20.2% and the A ordinary shares by 13.0%, after the payment of an 8.0p dividend paid in May. They point […]
The Board of Directors of London & St Lawrence Investment Company has decided to undertake a strategic review with regard to the company’s future. Once that review has concluded, they will make a further announcement of the conclusions reached. London & St Lawrence has been managed by three generations of the Ashfield family. It sits […]
The Board of UK Mortgages and TwentyFour Asset Management say that the TwentyFour portfolio management team remain fully engaged on a number of prospective opportunities with the aim of fully investing the Company’s capital in as timely a manner as possible. The Board is confident that current opportunities under discussion will lead to the remaining cash […]
Atalaya Mining Plc (ATYM:AIM) (AYM:TSX) As a result of an increase in volume of copper concentrate sold, lower cash costs and higher realised copper prices, EBITDA improved significantly in Q3 2016 to €1.9 million compared to a loss of €3.6 million for H1 2016. Atalaya, had a 97% increase in the production of tonnes of […]
LondonMetric Property has announced that it has acquired eight ‘last mile’ distribution warehouses for GBP39.9 million at a blended yield of 6.2% and with a WAULT of 9.0 years. Six of the distribution warehouses have been acquired from Helical plc for GBP26.0 million at a NIY of 6.5%. The 382,000 sq ft of warehouses are […]
Horizonte Minerals Plc (HZM:AIM, HZM:TSX) The company was awarded three new mineral exploration concession areas, adjacent to their 100% owned Araguaia nickel project. The concessions total 5,996 hectares which increases their land position to a total of 132,278 hectares. Horizonte will be undertaking a regional exploration programme to evaluate and advance these new areas as appropriate. These […]
BlackRock Frontier Markets reports that, during the year to 30 September 2016, its NAV increased by 9.3%, significantly outperforming the benchmark, the MSCI Frontier Markets Index, which rose by 0.9%. The MSCI Emerging Markets Index rose by 16.8% over the same period. The Directors are recommending the payment of a final dividend of 4.00 cents […]
