Tuesday 27 February | |
abrdn Diversified Income & Growth PLC | AGM |
Asian Energy Impact Trust PLC | GM re annual accounts |
Custodian Property Income REIT PLC | GM re merger with abrdn Property Income Trust Ltd |
JPMorgan Mid Cap Investment Trust PLC | GM 2nd re merger with JPMorgan Mid Cap |
LondonMetric Property PLC | GM re merger with LXi REIT Plc |
Victorian Plumbing Group PLC | AGM |
Vinanz Ltd | AGM |
Wednesday 28 February | |
abrdn Property Income Trust Ltd | GM re merger with Custodian Property Income REIT PLC |
Beacon Rise Holdings PLC | EGM re continued pursuit of an acquisition |
Downing Strategic Micro-Cap Investment Trust PLC | GM re managed wind-down |
Image Scan Holdings PLC | AGM |
PPHE Hotel Group Ltd | EGM re waiver of mandatory offer provisions |
Verditek PLC | GM re disposal of solar business |
Thursday 29 February | |
Capital for Colleagues PLC | AGM |
Home REIT PLC | AGM |
IntegraFin Holdings PLC | AGM |
Intuitive Investments Group PLC | AGM |
Shanta Gold Ltd | GM re acquisition by ETC Holdings |
Vast Resources PLC | GM re capital reorganisation |
Watkin Jones PLC | AGM |
Zytronic PLC | AGM |
Friday 1 March | |
Virgin Money UK PLC | AGM |
Monday 4 March | |
Ascent Resources PLC | GM re bonus issue of preference shares |
JPMorgan Emerging Europe, Middle East & Africa Securities PLC | AGM |
Lexington Gold Ltd | AGM |
Comments and questions to newsroom@alliancenews.com | |
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IN BRIEF: Ascent Resources raises funds to finance GNG Partners outlay
Ascent Resources PLC - oil and gas exploration company focused on European onshore projects - Raises around USD1.7 million to help fund investment into a private US holding company, GNG Partners LLC. Notes GNG Partners has been formed to acquire onshore US midstream gas distribution and processing facilities, which use helium purification and liquefaction. Raises GBP555,000 through the issue of 24.1 million shares at 2.3 pence each, with one for three warrants attached exercisable at 140% of the issue price at any time in the next four years. This comprises a GBP390,000 placing and GBP165,000 subscription at the issue price. Further, enters into a new USD2 million senior secured fixed coupon loan facility with institutional investor RiverFort Global Opportunities PCC Ltd. Explains an initial USD1 million loan amount has been issued on a 12-month term. The fundraise and the initial loan will be used to fund the investment into GNG alongside the company's ongoing costs to build out the new strategy. Ascent says it has provided a convertible loan of USD1 million to GNG which has bought the assets of Paradox Resources LLC out of Chapter 11 bankruptcy.
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