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 […]
Shaftesbury has published its results for the year ended 30 September 2016. Its EPRA NAV at the end of the period was GBP8.88 per share, an increase of 19p (2.2%). Portfolio capital value growth added 43p (4.9%) before a reduction of 24p as a result of early termination of debenture debt and interest rate swaps. EPRA […]
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 […]
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 […]
Hammerson plc and its partners in VIA Outlets, APG, Meyer Bergman and Value Retail, have signed an agreement to acquire, subject to regulatory clearance, four established outlet centres as part of its growth strategy in the European outlet market. The retail venues, located close to major cities in Germany, Portugal, Spain and Poland, represent total […]
