SPK.L Share News (SPK)

SPARK Plans On Further Capital Return

LONDON (Alliance News) - SPARK Ventures PLC Thursday said it intends to make another capital return to shareholders, while it is also seeking a 12-month extension of its current investing policy so that it has more time to realise its remaining investments. In a statement, SPARK said it wan

Spark Ventures Sells Remaining Stake In Kobalt Music

LONDON (Alliance News) - Spark Ventures PLC said Thursday that it had sold its remaining stake in independent music publishing company Kobalt Music Group for GBP5.4 million to a specialist US fund. Spark was a founding investor in Kobalt in 2001, and has made total proceeds from Kobalt of G

SPARK Ventures Jumps As It Sells Rest Of notonthehighstreet.com Stake

Pre-tax profit quadruples at SPARK Ventures

AIM-listed SPARK Ventures, the investor in early stage digital information and technology companies, posted its half-yearly results for the period ending September 30th. The results showed that pre-tax profit quadrupled to £1.01m from £237,000 in the corresponding period in 2011. The net asset va

Small caps round-up: China Food Company, Blinkx, Lokn'Store

China Food Company, a manufacturer of cooking and dipping sauces, said it was proceeding with the sale of its animal feed business for $16m. The firm said the first payment of $4.5m was now expected by mid-August due to unexpected regulatory delays on the part of the buyer, Wisehand Planning. Follow

Spark Ventures NAV/Share 12.8P

LONDON (Dow Jones)--Spark Ventures PLC (SPK.LN), an investor in early stage digital information and technology companies, Thursday reported net asset value per share of 12.8 pence at March 31, compared with 11.6 pence at Sept. 30, 2009. MAIN FACTS: -GBP2.3 million net profit for the year end

Spark MBO terms improved

Internet investment specialist Spark Ventures has received improved terms for a proposed management buy-out of its fund manager operation. Spark has put in place a plan to wind down over the next five years. Under the new terms, the initial target for distributions to shareholders before management

Chamonix ends Spark talks

Chamonix Private Equity has decided against launching a bid for internet investor Spark Ventures after a new indicative offer was rebuffed last week. Spark was approached by Chamonix earlier this month regarding a possible offer, followed by an alternative conditional indicative cash offer to buy i

Spark to make 2p return

Internet investor Spark Ventures is to return 2p per share to investors and realise the rest of its investments by 2014 after a strategic review. It will stop making any new investments and will sell the management company through an MBO. Net asset value per share fell by 6% from 15.5p to 14.6p i