Hotels / Motels / Cruise Lines
Temple Hotels Inc:Says that it has reached an agreement with a syndicate of underwriters co-led by National Bank Financial Inc. and Cormark Securities Inc. to issue on a bought deal basis 8,621,000 common shares.Says at a price of C$5.80 per Common Share representing gross proceeds of about C$50 million.Says it has also granted the underwriters an over-allotment option exercisable at any time up to 48 hours prior to the date of closing of the Offering to offer for sale up to an additional 1,293,150 Common Shares at the issue price which.Says if fully exercised, would result in additional gross proceeds of about C$7.5 million.Says it will use the net proceeds from the Offering to fund additional acquisitions of income-producing hotel properties, to repay existing debt, and/or for general corporate purposes.
Lantern Hotel Group Ltd:Says Millinium Capital Managers Limited has an interest of 222,873,063 ordinary share representing 25.23 pct of voting power in the Company.
Land & Leisure A/S:Sees FY 2013/2014 net sales to be 260-270 million Danish crowns.Sees FY 2013/2014 operating result to be 25-30 million Danish crowns.Sees FY 2013/2014 result before tax to be 25-30 million Danish crowns.
Browns Investments PLC announces disposal of shares in Royal Fernwood Porcelain Ltd to Dankotuwa Porcelain PLC
Browns Investments PLC:Says it resolved to dispose 305,358,880 shares held in Royal Fernwood Porcelain Ltd amounting to 76 percent to Dankotuwa Porcelain PLC for a consideration of 300 million Sri Lankan rupees.