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BlackRock Commodities Income Cancels Semi-Annual Tender Offer

Tue, 11th Dec 2018 17:55

LONDON (Alliance News) - BlackRock Commodities Income Investment Trust PLC said late Tuesday it has decided not to proceed with this year's semi-annual tender offer in February 2019.

The firm said: "The board has concluded that it is not currently in the best interests of shareholders as a whole to implement the tender offer in February 2019.

"The board will continue to monitor the level of the discount and use its buy-back authority to repurchase shares when it considers it is in shareholders' interests to do so."

BlackRock Commodities Income Investment Trust shares closed up 1.5% at 71.169 pence each on Tuesday.

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11 Nov 2013 16:53

Aviva Non-Exec makes first investment

British insurance company Aviva on Monday said recently appointed Non-Executive Director Michael Mire had bought 7,500 at 439.89p each, his only holding in the group. Mire joined the company in mid-September as part of its ongoing programme to refresh the board. The company said on his appointment

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18 Sep 2013 14:25

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22 May 2013 16:19

Bodycote CEO reduces stake by 200,000 shares

Stephen Harris, the Chief Executive Officer of Bodycote, has reduced his stake in the in the heat treatment company with the sale of 200,000 shares. Each of the shares were sold at 546.50p for a total trade value of £1.09m. The transaction comes just under a month after the group posted a four pe

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14 Sep 2010 14:51

Small caps round-up: Billington, Blackrock Commodities, CBG ...

Structural steel supplier Billington has reported a sharp fall in profit in the first half of 2010 but this is in line with its expectations at the time of the 2009 figures. Revenues fell from £29.7m to £21.3m in the six months to June 2010, while pre-tax profit slumped from £2.62m to £1.09m. Net ca

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14 Jul 2010 15:48

Blackrock Commodities Income 1H Pretax Profit GBP7.56M Vs GBP21.12M

LONDON (Dow Jones)--Blackrock Commodities Income Investment Trust PLC(BRCI.LN), said Wednesday it made pretax profit of GBP7.56 million for the half year ended May 31, compared with GBP21.12 million, and said it intends to raise further capital later this year. MAIN FACTS: -Total Revenue GBP

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21 Jun 2010 13:52

BlackRock Commodities Income Declares 1.375P Dividend

LONDON (Dow Jones)--Blackrock Commodities Income Investment Trust PLC (BRCI.LN) said Monday it will pay a second quarterly interim dividend in respect of the year to Nov. 30, 2010 of 1.375 pence on July 23. MAIN FACTS: -Shares at 1250 GMT flat at 123.75 pence. -By Tommy Stubbington, Dow

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14 Jul 2009 18:05

Blackrock Commodities bounces back

Blackrock Commodities Income Investment Trust saw its net asset value (NAV) per share rise 35.1% in the six months to 31 May to 105.46p from 80.25p at the end of November 2008, though it was still lower than the 183.92p seen at the end of May 2008. Since the end of the reporting period the NAV per

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