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To deliver cost-effective and timely divestments of remaining properties, and to deliver further returns of capital to shareholders.
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Directors at FTSE 250 package tour operator TUI Travel have made the most of the recent rise in the company's share price to sell off shares in the group. Peter Long, TUI's Chief Executive Officer, sold 748,729 shares, Johan Lundgren, Deputy Chief Executive, sold 350,000 shares, and William Waggot
Read moreThe founder of Bellzone Mining, which develops two Iron ore and nickel/copper assets in Guinea, West Africa, has sold 50m shares in the company. Nikolajs Zuks, who has been the company's Managing Director since August 2009, disposed of the shares at 17p each for a total of £8.5m. As a result, Zuk
Read moreMacau Property Opportunities Fund said currency fluctuations resulted in its Net Asset Value (NAV) falling over the last quarter. The firm said in the three months to the end of September, NAV per share was $3.07, representing a rise of 2%. However, in Sterling terms this was 190p, a fall of 0.79%
Read moreJog Dhody, the Chief Financial Officer of Regenersis, a consumer electronics repair specialist, bought a stake in the firm on Tuesday, opening his account on the same day it posted a 24 per cent rise in operating profits. Dhogy, who joined the board in March of this year, purchased 155,987 shares
Read moreKingfisher's Chief Executive Officer, Ian Cheshire, has exercised options over 164,144 shares and subsequently sold 143,040 of them less than a fortnight after the B&Q owner admitted that miserable weather in the UK and northern Europe had a serious impact on footfall in the first half of its financ
Read moreForbidden Technologies' pre-tax loss for the first half ended 30 June widened to £57,758, from £25,697 for the prior-year period. Additionally, loss per share more than doubled, from 0.03p last year to 0.07p for this half year. Operating costs were up 37% to £214,730 on last year's results due to h
Read moreLONDON (Dow Jones)--Macau Property Opportunities Fund (MPO.LN), an investor in commercial property and property-related ventures primarily in Macau and in the Western Pearl River Delta region, said Friday that the positive momentum in the first half of 2010 is expected to continue into the second ha
Read moreLONDON (Dow Jones)--Macau Property Opportunities Fund (MPO.LN) said Thursday it has entered into a credit facility arrangement for up to HK$105 million ($13.5 million) with Banco Weng Hang S.A., one of Macau's leading local banks. MAIN FACTS: -The credit facility will be used to finance the
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