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Investment Trusts

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Baillie Gifford Shin Nippon Says HY Net Asset Value Per Share Rose By 15.3%

7:00am BST

Sept 17 (Reuters) - Baillie Gifford Shin Nippon PLC ::HY NET ASSET VALUE PER SHARE ROSE BY 15.3% COMPARED TO A 9.8% RISE IN MSCI JAPAN SMALL CAP INDEX.ALTHOUGH JAPANESE MARKET REMAINED SLUGGISH, STERLING BASED INVESTORS BENEFITTED FROM WEAKNESS AGAINST JAPANESE YEN.AT 31 JULY 2019 COMPANY HAD TOTAL ASSETS OF £562.3MILLION.

Authorised Investment Fund Updates On Proposal To Buy 30% Of AAA

6:36am BST

Sept 17 (Reuters) - Authorised Investment Fund Ltd ::UPDATES ON PROPOSAL TO BUY 30% OF AAA.PROPOSAL WAS SUBJECT TO POOLED DEVELOPMENT FUND BOARD PROVIDING ITS APPROVAL TO ALLOW AIY TO ISSUE AIY SHARES TO AAA.ON JUNE 13, AIY MADE FORMAL APPLICATION TO PDF BOARD REQUESTING APPROVAL.AIY HAS BEEN NOTIFIED BY PDF BOARD THAT PDF BOARD HAS DETERMINED NOT TO APPROVE AIY'S REQUEST.AS PDF BOARD APPROVAL NOT RATIFIED, CO'S PROPOSED INVESTMENT IN PROGRAMMATIC PTY LTD WILL NOT PROCEED.

Evans & Partners Global Flagship Fund Posts FY Total Net Investment Income Of $30.8 Mln

Tuesday, 27 Aug 2019

Aug 27 (Reuters) - Evans & Partners Global Flagship Fund ::FY TOTAL NET INVESTMENT INCOME $30.8 MILLION, UP 39.7%.FY NET PROFIT ATTRIBUTABLE $27.4 MILLION, UP 46.5%.

Sandon Capital Investments Says Mercantile Investment Co Takeover Offer Unconditional

Tuesday, 27 Aug 2019

Aug 27 (Reuters) - Mercantile Investment Company Ltd ::SANDON CAPITAL INVESTMENTS LTD - MERCANTILE INVESTMENT COMPANY TAKEOVER OFFER NOW UNCONDITIONAL.

Sandon Capital Investments Says Mercantile Investment Co Takeover Offer Unconditional

Tuesday, 27 Aug 2019

Aug 27 (Reuters) - Mercantile Investment Company Ltd ::SANDON CAPITAL INVESTMENTS LTD - MERCANTILE INVESTMENT COMPANY TAKEOVER OFFER NOW UNCONDITIONAL.

Shandong International Trust Co HY Net Profit Attributable Rmb323.3 Million

Monday, 26 Aug 2019

Aug 26 (Reuters) - Shandong International Trust Co Ltd <1697.HK>::HY NET PROFIT ATTRIBUTABLE RMB323.3 MILLION VERSUS RMB 426.4 MILLION.HY TOTAL OPERATING INCOME RMB 858 MILLION VERSUS RMB 951 MILLION.

Pengana International Equities Posts FY Profit After Tax Attributable $16.7 Mln

Monday, 26 Aug 2019

Aug 26 (Reuters) - Pengana International Equities Ltd ::FY PROFIT FROM ORDINARY ACTIVITIES AFTER TAX ATTRIBUTABLE $16.7 MILLION VERSUS $24.6 MILLION.FINAL DIVIDEND 3.5 CENTS PER SHARE.FY INCOME FROM ORDINARY ACTIVITIES $27.5 MILLION VERSUS $39.9 MILLION.

Gate Ventures Says Board Has Continued To Explore Options Regarding Its Financial Position

Friday, 23 Aug 2019

Aug 23 (Reuters) - Gate Ventures PLC ::FURTHER TO ANNOUNCEMENT ON FEBRUARY 28, 2019, BOARD HAS CONTINUED TO EXPLORE OPTIONS REGARDING ITS FINANCIAL POSITION.GATE VENTURES - COMPANY WILL BE DEFENDING ITS POSITION VIGOROUSLY AT THE COURT HEARING TO RECOVER THIS LOAN WHICH IS SCHEDULED FOR SEPTEMBER 24, 2019.COMPANY HAS OUTSTANDING LOAN OF GBP2.5 MILLION PAYABLE IN MID-2020.GATE VENTURES - AN AGREED INVESTMENT OF NEW FUNDS INTO THE COMPANY WILL BE PUT INTO ESCROW.GATE VENTURES - COMPANY IS ADVISED BY ITS LEGAL COUNSEL IT SHOULD NOT ENTER INTO A PLANNED TRANSACTION TO DISPOSE OF A PART OF ITS INVESTMENT PORTFOLIO.LOAN HOLDER HAS ASKED FOR EARLY REPAYMENT OF LOAN AND HAS INITIATED PROCEEDINGS IN COURTS TO RECOVER LOAN.GATE VENTURES - COMPANY’S SUCCESS AT THE HEARING OF SEPTEMBER 24 WILL LIFT RESTRICTIONS.SHOULD COURT GRANT LOAN HOLDER'S APPLICATION ON SEPT 24, THEN COMPANY WILL BE PUT INTO ADMINISTRATION BY COURT.

Link Asset Services Says Suspension Of Woodford Fund To Remain In Place

Friday, 23 Aug 2019

Aug 23 (Reuters) - LINK ASSET SERVICES: :LINK ASSET SERVICES - LETTER TO ALL INVESTORS REGARDING THE CONTINUATION OF THE FUND SUSPENSION.LINK ASSET SERVICES - AS AUTHORISED CORPORATE DIRECTOR OF THE WOODFORD FUND, SUSPENSION OF DEALINGS WHICH REMAINS IN PLACE.LINK ASSET SERVICES- CONTINUED SUSPENSION HAS BEEN AGREED WITH THE DEPOSITARY AND HAVE INFORMED THE FINANCIAL CONDUCT AUTHORITY ACCORDINGLY.LINK ASSET SERVICES - CONTINUED TO ASSESS SITUATION ALONG WITH NORTHERN TRUST GLOBAL SERVICES SE, FUND’S DEPOSITARY ABOUT WOODFORD.LINK ASSET SERVICES - CONTINUED TO BE IN CLOSE CONSULTATION WITH WOODFORD INVESTMENT MANAGEMENT.LINK ASSET SERVICES- SUSPENSION OF DEALING IS LIKELY TO LAST UNTIL EARLY DECEMBER STRATEGY TO RE-POSITION THE PORTFOLIO IS IMPLEMENTED.LINK ASSET SERVICES - CONSIDERED OTHER ALTERNATIVES; DECIDED THAT BEST OPTION IN INTERESTS OF ALL INVESTORS IS FOR SUSPENSION OF DEALINGS TO CONTINUE.LINK ASSET SERVICES - UNTIL EARLY DECEMBER IS REALISTIC AMOUNT OF TIME FOR WOODFORD TO COMPLETE MEASURED & ORDERLY RE-POSITIONING OF FUND'S PORTFOLIO.LINK ASSET SERVICES- WILL CONTINUE TO MONITOR PROGRESS OF THE REPOSITIONING OF THE FUND’S PORTFOLIO TO ENSURE THAT IT IS ON TRACK.LINK ASSET SERVICES- WILL MONITOR PROGRESS OF REPOSITIONING OF FUND’S PORTFOLIO TO ENSURE AIM OF LIFTING SUSPENSION IN DEC REMAINS ACHIEVABLE.

Woodford Trust Says Link Intends To Reduce Valuation Of Co's Holding In IH Holdings

Friday, 23 Aug 2019

Aug 23 (Reuters) - Woodford Patient Capital Trust Plc ::ASSET VALUATION.NOTIFIED BY LINK THAT IT INTENDS TO REDUCE VALUATION OF COMPANY'S HOLDING IN IH HOLDINGS INTERNATIONAL LIMITED.VALUATION ADJUSTMENT EXPECTED TO IMPACT CO'S NAV BY ABOUT 3.4 PENCE/SHR.VALUATION ADJUSTMENT REFLECTS A REASSESSMENT OF CURRENT PROGRESS OF BUSINESS.

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