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Pin to quick picksAmati Aim Vct Share News (AMAT)

Share Price Information for Amati Aim Vct (AMAT)

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Share Price: 85.50
Bid: 85.00
Ask: 86.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.176%)
Open: 85.50
High: 85.50
Low: 85.50
Prev. Close: 85.50
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Amati AIM VCT is an Investment Trust

To generate tax free capital gains and regular dividend income, invests primarily in AIM-traded companies and non-qualifying investments as allowed by the VCT legislation.

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TRADING UPDATES: BMO Commercial Property annual payout halved

Mon, 12th Apr 2021 21:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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BMO Commercial Property Trust Ltd - London-based investment company - Posts net asset value per share at December 31 of 117.5 pence, down 10% from 130.9p a year prior. Total payout for 2020 at 2.85 pence per share, down from 6.0p in 2019. Says its largest holding has been severely impacted but the company "believe[s] Central London will recover and prime West End real estate with strong hospitality linkages such as St Christopher's Place will benefit from both an initial bounce back when restrictions are lifted and from a longer term recover."

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BH Macro Ltd - investment firm - Says it has been approached by Investec Wealth & Investment Ltd to explore potential combination with BH Global Ltd. Says BH Global sees "significant merit in the suggestion that the interests of shareholders in both BHMG and BHGG would be best served by a combination into a larger, single, company".

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ADES International Holding PLC - MENA-focused drilling oil and gas wells company - Says further conditions met for Innovative Energy Holding Ltd cash offer. Offer is now conditional only on the acceptance condition and is intended to remain open until next Tuesday.

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Impax Asset Management Group PLC - investor focused on transition to sustainable economy - Announces subsidiary Impax Asset Management Ltd has entered into a new distribution agreement with Fidante Partners Ltd, who will now be Impax Asset Management's exclusive distribution partner in Australia and New Zealand.

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Murray International Trust PLC - global equities managed by Aberdeen Standard - Annoucnes extension to its long-term borrowings through the issuance of a GBP50 million 1- year senior unsecured loan note at an annualised interest rate of 2.24%. Intends to use the proceeds of the Loan Note to repay, and cancel in full, the Company's GBP50 million revolving credit facility with Royal Bank of Scotland International Ltd's London branch. An additional GBP150 million will also be available for drawdown by the Company for a five-year period.

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Atlas Mara Ltd - investor in banks in sub-Saharan Africa - Continues to engage with ATMA and ABCH creditors towards agreeing and finalising binding legal agreements for a comprehensive debt restructuring. Says it has been informed by ABCH that one of its creditors, Norsad Finance Ltd, has served a petition with the High Court of the Republic of Botswana in Lobatse seeking to place ABCH under provisional liquidation. The amount of outstanding debt related to Norsad is USD10 million plus accrued interest.

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Petro Matad Ltd - AIM-listed Mongolian oil company - Says progress has been made on the two remaining steps of the exploitation licence application that need to be completed prior to submitting the formal request for the Block XX exploitation licence. "We are very pleased to have agreed with [Mineral Resources & Petroleum Authority of Mongolia] the exploitation area which contains the entirety of the Heron and Gazelle structures and the full extent into Block XX of the prolific oil producing Toson Uul basin. We are evaluating the near field potential in the area that could see reserves increase significantly through low cost, high chance of success, exploration drilling conducted in parallel with production and development activities at Heron over the next few years," says Chief Executive Mike Buck.

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Ascent Resources PLC - onshore Caribbean, Hispanic American and European focused energy and natural resources company - Says the pressure at the currently producing PG-11A well in Slovenia has continued to decline naturally and will only be able to be enhanced with mechanical stimulation. Expects gas production to continue at intermittent production rates which will be sold, "whilst economical to do so". Remains engaged with Cuba's national oil company Union Cuba-Petroleo and is in the process of requesting a further extension to its memorandum of understanding to negotiate the production sharing contracts over the Cuban onshore blocks 9A, 9B, 12 and 15, by six months to October 29.

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Love Hemp Group PLC - Croydon-based cannabidiol products maker - Raises GBP7.0 million in oversubscribed broker option granted to Peterhouse Capital Ltd in connection with the placing announced last Thursday. Says the proceeds of the fundraise will be applied towards the company's new global marketing programme.

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Asimilar Group PLC - London-based investment company focused on technology - Notes that Dev Clever Holdings PLC has inked an agreement with Singapore-based immersive learning solutions provider Veative Labs Pte Ltd to acquire Veative Labs Private Ltd, a wholly owned Indian subsidiary of Veative for GBP54.8 million. Asimilar has an interest in 70 million shares in Dev Clever currently representing approximately 12%.

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Octopus Titan VCT PLC - venture capital trust - Appoints Anthony Rockley as an independent non-executive director, effected last Thursday. Rockley has held positions such as the lead audit partner in KPMG's Private Equity Group, "which he was instrumental in establishing".

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Weiss Korea Opportunity Fund Ltd - closed-ended investment company managed by Boston-based Weiss Asset Management - Posts net asset value per share at December 31 of GBP2.49, up from GBP1.56 a year prior. Total net assets increase to GBP203.1 million from GBP127.0 million. Expects to declare an interim dividend on April 28.

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ADM Energy PLC - UK-based natural resources investing company - Announces it has entered into a non-binding collaboration agreement with Eunisell Ltd, the Nigerian-owned oil & gas production solutions company. Under the agreement, ADM and Eunisell will explore collaboration opportunities to carry out development of Barracuda Field in OML 141 and associated work-related activity in Nigeria. A formal agreement will be entered into in advance of any work commencing.

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Amati AIM VCT PLC - UK-based investment firm - Says it intends to launch subscription offer in summer 2021.

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By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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12 Apr 2024 12:13

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(Alliance News) - Amati AIM VCT PLC on Friday reported a drop in its net asset value and lowered its dividend.

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15 Mar 2024 13:41

IN BRIEF: Amati AIM VCT launches strategic review amid "challenges"

Amati AIM VCT PLC - invests in AIM-quoted growth companies - On Thursday, launches review of "strategic options" due to "ongoing challenges in the AIM market and the resultant performance issues faced by the company". The review will consider whether the venture capital trust should expand its investment strategy to allow investment in a wider range of securities. The review also will consider the implications of the likely takeover of a major shareholder in its investment manager. Amati Global Investors Ltd, the manager, is 49% owned by Mattioli Woods PLC, which last week agreed to a takeover offer from funds managed by Pollen Street Capital Ltd.

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6 Oct 2023 10:34

Amati AIM VCT falls short of Numis benchmark as NAV suffers

(Alliance News) - Amati AIM VCT PLC on Friday said its net asset value per share was down as it underperformed against its benchmark index in the first half of its financial year.

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18 Apr 2023 17:19

TRADING UPDATES: Angus hails initial clean up of well; Amati NAV falls

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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20 Jan 2023 11:33

IN BRIEF: Amati AIM VCT investment manager sells about 190,000 shares

Amati AIM VCT PLC - Edinburgh-based investment company - Investment Manager Paul Jourdan sells 193,028 shares at GBP1.23 each, worth GBP237,426, in London on Thursday.

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6 Oct 2022 17:18

TRADING UPDATES: Nostra revenue rises; Synergia eyes Cambay farm-out

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:

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6 Oct 2022 17:17

TRADING UPDATES: Nostra revenue rises; Synergia eyes Cambay farm-out

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:

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6 Oct 2022 17:17

TRADING UPDATES: Nostra revenue rises; Synergia eyes Cambay farm-out

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:

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13 Apr 2022 21:59

TRADING UPDATES: Sureserve gets new CFO; Sareum notes GSK buys Sierra

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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23 Feb 2022 21:59

IN BRIEF: Amati AIM VCT says subscription is now closed

Amati AIM VCT PLC - Edinburgh-based investment company - Said on Monday the offer originally announced on February 14 for a subscription to raise up to GBP40 million with an over-allotment facility to raise up to a further GBP25 million is now fully subscribed and closed to further applications.

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14 Feb 2022 22:18

TRADING UPDATES: CentralNic expects revenue growth ahead of views

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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4 Oct 2021 22:00

TRADING UPDATES: Bacanora not worried of Mexico changes; Helios buys

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EXECUTIVE CHANGES: Gresham House and Gresham House Strategic make up

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27 May 2021 17:27

EXECUTIVE CHANGES: Vectura senior director departs amid takeover offer

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