Equity Fund

Pantheon International Performance Update at 31 January 2020

FTSE News FTSE 250

Month to 31 January 2020 Pantheon International plc (LON:PIN) has announced an unaudited net asset value (“NAV”) per share as at 31 January 2020 of 2,768.7p, an increase of 19.4p (+0.7%) from the NAV per share as at 31 December 2019. Valuation gains* (16.3p, +0.6%), investment income* (0.3p, 0.0%) and foreign exchange movements* (5.8p, +0.2%) were partially offset by expenses …

SIG PLC In line with a strong financial position

FTSE News FTSE 250

SIG plc (LON:SHI) has announced that Meinie Oldersma has resigned from the role of Chief Executive Officer and as a director of the Company with immediate effect. The Company also announces that Nick Maddock has resigned from the role of Chief Financial Officer and as a director of the Company with immediate effect. The Board has appointed Steve Francis as …

Data and Analytics

Ascential Deliver Strong growth in revenue

FTSE News FTSE 250

Ascential plc (LON:ASCL), the specialist information, data and analytics company, today announced its results for the year ended 31 December 2019. Operational highlights Good delivery against our four key priorities for 2019: Focus on execution: Exceptional performances in Flywheel Digital and WGSN. Edge: Continuing progress on the integration of Edge due to complete in H1 2020, significant Coca-Cola contract win …

Fresnillo Provide Juanicipio Project Update

FTSE News FTSE 250

Fresnillo plc (LON:FRES) and MAG Silver Corp. (NYSE:MAG) have today provided a Juanicipio project update now that construction is well underway, detailed engineering is nearing completion and all major process equipment has been purchased and received on site. Juanicipio Project Status Update Underground mine will commence production ahead of schedule in mid-2020, realising commercial and operational de-risking opportunities for the …

Instruments Technology

Oxford Instruments Sell off OI Healthcare business to MXR Imaging, Inc, for $15.0 million

FTSE News FTSE 250

Oxford Instruments plc (LON:OXIG), a leading provider of high technology products and services to industrial companies and scientific research communities, today told the markets that it has completed the sale of its OI Healthcare business in the US to MXR Imaging, Inc, for a consideration of $15.0 million (£11.5 million). The OI Healthcare business in the US offers the sale, …

Hastings Group Holdings Sumit Rajpal to resign

FTSE News FTSE 250

Hastings Group Holdings plc (LON:HSTG) announced today to the market that it has received notice from Goldman Sachs & Co, under the terms of a Relationship Agreement with the Company, of the removal of its appointed director to the Company Board, Mr Sumit Rajpal. Mr Rajpal will, therefore, resign from the Board with effect from 24 February 2020. Hastings Group …

Offshore Oil and Gas

Hunting PLC Acquisition of Enpro Subsea Limited completed

FTSE News FTSE 250

Hunting PLC (LON:HTG), the international energy services group, has announced the completion of the acquisition of Enpro Subsea Limited for a total consideration of US$33m payable on completion, plus a potential maximum earn out of US$3.0m based on EBITDA performance in 2020. The consideration payable is on a cash-free-debt-free basis and payable in cash and has been funded from Hunting’s …

James Fisher and Sons Secure Four year contract extension worth £35m

FTSE News FTSE 250

James Fisher and Sons plc (LON:FSJ) has announced that its Perth, Australia based business, JFD Australia has agreed a c.£35m four year contract extension to supply its world-leading submarine escape and rescue system to the Royal Australian Navy (RAN) until December 2023 with an option to further extend to November 2024. JFD is the world leader in the provision, operation …

Hammerson disposes of retail parks portfolio for £400m

FTSE News FTSE 250

Hammerson plc (LON:HMSO) has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V for a headline price of £400m with expected net proceeds of £395m. This transaction is the largest UK retail parks portfolio sale in the past decade. The sale follows Hammerson’s strategic decision, announced in July 2018, …