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Pin to quick picksTR Property Investment Trust Share News (TRY)

Share Price Information for TR Property Investment Trust (TRY)

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Share Price: 315.00
Bid: 314.00
Ask: 315.00
Change: 1.50 (0.48%)
Spread: 1.00 (0.318%)
Open: 314.50
High: 315.00
Low: 312.50
Prev. Close: 313.50
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EXECUTIVE CHANGES: Block Energy investor targets chair; Cobra taps CEO

Mon, 05th Jul 2021 15:35

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:

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Block Energy PLC - oil and gas production and development in Georgia - Receives letter from 5.0% shareholder Forest Nominees requisitioning a general meeting to vote on removing Chair Philip Dimmock from the board and replacing him as chair with Chuck Valceschini, a current non-executive director. In its letter, Forest doesn't provide a reason for the change. Block Energy says it will comply with its obligations to call the meeting and will make further announcements. Separately, Block says Chris Brown has resigned as an independent non-executive director but will serve his notice period to October 2.

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Cobra Resources PLC - Wudinna gold project in South Australia - Hires Rupert Verco as chief executive officer, starting Monday next week. Verco is a geologist who has been technical mining specialist at Xenco Mining Services in Australia since 2018. Prior to Xenco, Verco was mine manager for Tarcoola Gold and surface mining supervisor at the Challenger gold mine, both in South Australia.

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IG Design Group PLC - Milton Keynes, Bedfordshire-based consumer gift packaging - Hires Stewart Gilliland as non-executive chair designate and Clare Askem as non-executive director, both effective immediately. Gilliland will replace John Charlton at the annual general meeting in September. He currently is chair of cider maker C&C Group PLC and a non-executive director of supermarket chain Tesco PLC and of wine maker Chapel Down Group PLC. Askem was managing director of Habitat at J Sainsbury PLC. She currently is a non-executive director of Portmeirion Group PLC, Studio Retail Group PLC and Law Debenture Corp PLC.

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ULS Technology PLC - Thame, Oxfordshire-based online platforms for conveyancing and financial intermediary markets, including DigitalMove - Hires Simon McCulloch as chief commercial & growth officer and Ed Mardell as chief technology officer. ULS says McCulloch has over the past year led the global wealth & insurance digital channel at lender HSBC Holdings PLC, prior to which we worked at ComparetheMarket.com. Mardell has worked on property portals as CTO for publishers Daily Mail & General Trust PLC and Guardian Media Group.

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Rosslyn Data Technologies PLC - London-based cloud enterprise data analytics platform - Founder & Chief Information Officer Hugh Cox retires from the board immediately but will remain a company employee, focused on operations and supporting clients. In April, Roger Bullen departed as CEO, replaced by Paul Watts, who had been chief customer officer. Chief Financial Officer Ash Mehta will leave at the end of August.

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BB Healthcare Trust PLC - healthcare-focused investor - Hires Kate Bolsover as non-executive director, effective immediately. Bolsover is chair of Fidelity Asian Values PLC, senior independent director of Invesco Bond Income Plus Ltd, and non-executive director of TR Property Investment Trust PLC. She is a non-executive director of fund manager of Baillie Gifford & Co Ltd. As an executive, she was director of Corporate Communications at JP Morgan Cazenove.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Ex-divs to take 1.36 points off FTSE 100 on June 26

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29 May 2013 08:09

TR Property Investment Trust's annual earnings increase

TR Property Investment Trust Chairman Peter Salsbury delivered his last set of results on Wednesday before stepping down after nine years with the company. Total income came to £133.9m for the year to end of March, up from a loss of £51.8m, on the back of strong performance of investments despite a

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15 Feb 2013 07:58

Friday broker round-up UPDATE

Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m

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22 Nov 2012 07:19

TR Property to merge portfolios and share classes

TR Property, an investment trust focused on the European property market, is proposing to merge its two property portfolios and convert its Sigma shares into one class of ordinary shares. The move comes following a strategic review and was announced as it delivered its interims for the six months e

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23 Nov 2011 08:03

TR Property gets the blues over euro-area property

TR Property, the investment trust focused on the European property market says "political ineptitude" and a "lack of resolution" on the part of euro-area leaders has put downward pressure on property returns. TR has two types of shares, "Ordinary", which aims at returns from a broad range of proper

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11 Jul 2011 17:25

Two Ovoca directors sell shares totalling £1.84m

Two companies controlled by board members of Ovoca Gold have cut their stakes in the Russia-focused gold miner in two transactions totalling £1.84m. On 8 July, Salyco Trading Company, a firm controlled by Ovoca's executive chairman Mikhail Mogutov, sold over 2.37m ordinary shares at a price of 40p

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15 Jun 2010 08:24

TR Property Inv. Sells Cambridge Property For GBP6.7M

LONDON (Dow Jones)--TR Property Investment Trust Plc (TRY.LN), an investment trust, managed by Thames River Capital LLP, announced Tuesday it has completed the sale of the leasehold interest in Unit 270, Cambridge Science Park, Cambridge, from the Ordinary share class portfolio for a sale price of G

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25 Nov 2009 07:48

TR Property bounces back

TR Property Investment Trust saw sharp increases in the net asset value of both classes of its shares as property shares rallied in the April to September period. The investment trust’s ordinary share class saw a net asset value (NAV) total return of 45.3%, though this was 7.7% behind the growth of

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