Lms Capital Share News (LMS)

IN BRIEF: LMS Capital reports a drop in its net assets

LMS Capital PLC - London-based investment company net asset value per share on December 31 is 52.2 pence, down 9.5% from 57.7p the year before. Says its overall performance was impacted a GBP3.5 million reduction in value of its holding in Brockton Fund 1. Chair Robert Rayne says: "While we continue to nurture and support all of our investments we see our real estate activities, particularly in retirement living, as being a key area of focus over the next period in establishing a portfolio which can deliver our long-term goal. In particular, we will be focussed on identifying additional investment opportunities and funding partners with whom to develop our investment platform in the retirement living sector."

UK earnings, trading statements calendar - next 7 days

IN BRIEF: LMS Capital says Brockton lender appoints receiver for asset

LMS Capital PLC - London-based investment company - Says it has been informed by the general partner of Brockton Capital Fund I that the senior lender to Brockton's "super prime" residential development in Mayfair appointed a receiver to the Mayfair development on Friday last week. LMS has an investment in Brockton which in turn holds a preferred debt investment in the Mayfair development with a reported net asset value by LMS of GBP4.9 million at the end of the third quarter of 2023.

IN BRIEF: LMS Capital sells holding in Medhost for USD8.6 million

LMS Capital PLC - London-based investment company - Sells its minority interest in Medhost Inc, a Tennessee, US-based health information technology company, for net proceeds of USD8.6 million. Of this, USD7.0 million will be paid in cash at closing and USD1.6 million by way of a promissory note, to be settled one year after closing, accruing interest at 11.25% per annum. LMS Capital says that the ned proceeds for the sale are USD1.6 million in excess of Medhost's book value at September 30.

TRADING UPDATES: CAP-XX reports strong product sales to aid first half

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

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

EARNINGS SUMMARY: Robert Walters interim profit down, LMS NAV falls

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

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Mineral & Financial buys stake in Mexican mining firm

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

UK earnings, trading statements calendar - next 7 days

LMS Capital net asset value falls as it swings to an investment loss

(Alliance News) - LMS Capital PLC on Monday said net asset value fell on an annual basis, as it swung to a net investments loss from a gain a year before, while it declared an unchanged annual dividend.

IN BRIEF: LMS Capital shares jump on quarterly net asset value rise

LMS Capital PLC - London-based investment company - For the half-year ended on September 30, net asset value rises to 60.5 pence per share compared to 58.2p per share at the end of June. Says the portfolio overall has benefited from "unrealised foreign exchange gains in the quarter with a small net increase in underlying valuations".