UK dividends calendar - next 7 days
29th Apr 2024 14:28
Literacy Capital PLC - London-headquartered trust focused on long-term investments in private UK businesses - Net asset value climbs 2.0% to 510.4 pence per share from 500.4p at December 31, and is 9.2% higher than 467.3p a year prior. NAV total return is 2.0%, improved from 1.6% in the fourth quarter of 2023 but down from a return of 11% in the first quarter of 2023. The company noted that its largest holding RCI, developed positively "and was the strongest contributor again in Q1." Richard Pindar, chief executive officer of Literacy's investment manager, says: "Cash inflows were again substantial, as the portfolio was rebalanced with capital recycled from more mature assets into new investment opportunities or used to pay down the fund's drawings under its revolving credit facility. We expect cash inflows to remain strong in the remainder of 2024, whilst we are also seeing many attractive opportunities to redeploy capital into newer investments." Read More
(Alliance News) - BHP Group Ltd said on on Monday it and its joint-venture partner Brazilian iron ore miner Vale SA have made an "indicative" USD25 billion offer to settle claims arising from the 2015 Fundao dam disaster. Read More
Palace Capital PLC - London-based commercial real estate investment trust - Exchanges contract to sell wholly-owned subsidiary Palace Capital (Manchester) Ltd to The James (M1 Living) Ltd. The subsidiary's sole asset is Boulton House Manchester, an office building in the city centre. The deal is worth GBP8.8 million in cash and reflects a net initial yield of 8.7%. The disposal is at the March 31 book value and 2.8% below the September 30 book value of GBP9.0 million. The transaction will complete in 12 weeks time, Palace Capital says. Palace Capital Executive Chair Steven Owen comments: "The disposal of Boulton House demonstrates continuing progress in our disposal strategy and on completion will provide additional cash for returning to shareholders in due course." Read More
(Alliance News) - Upland Resources Ltd on Monday said it raised money from investors and that it engaged in discussions with "key" stakeholders. Read More
N Brown Group PLC - Manchester-based clothing and footwear company - Chair Ron McMillan to retire and step down from board, effective Tuesday, for "personal reasons" after 11 years on the board. Chief Executive Officer Steve Johnson will also assume the role of interim executive chair until a permanent successor is found. Says this search has begun and a further announcement will be made "in due course". Johnson comments: "Ron has made a significant contribution as Chair and has played a critical role in the transformation of this company. On behalf of the board, I would like to thank Ron for his dedication to N Brown." Read More
Quadrise PLC - London-based clean energy technology provider - Regarding its project MSC Shipmanagement Ltd of Cyprus, says it continues to work with its project partners to seek to finalise the project agreement. Says it will provide a further update on the project and entry of the project agreement in due course. In March, Quadrise announced a binding deal with MSC and Cargill NV over the production of MSAR and bioMSAR fuels for Quadrise's forthcoming vessel trials on board the MSC Leandra was expected by the end of the first quarter of 2024. It agreed this collaboration in February. Read More
(Alliance News) - SDX Energy PLC on Monday said that that the KSR-21 well in Morocco has received necessary government approvals and gas production has commenced. Read More
(Alliance News) - Itaconix PLC on Monday said it has launched two new ingredients for household detergent formulations. Read More
Metals Exploration PLC - Philippines-focused gold producer - Says in the first quarter of 2024, gold revenue grows 28% to USD44.4 million from USD34.7 million in the final three months of 2023. Gold sales in the three months to March 31 are 21,465 ounces sold at an average realised gold price of USD2,069 per ounce. In the the quarter ended December 31, gold sales were 17,514 oz at an average price of USD1,980 per ounce. Affirms that tno lost time injuries occurred during the period, with over 22 million hours worked without a reportable injury. Adds that mining production of ore in the first quarter and waste was above forecast at 3.31 million tonnes, with a total of 678,000 tonnes of ore mined. Chief Executive Officer Darren Bowden says: "The first quarter of the year has continued to see a strong performance at Runruno. Production was above forecast with excellent gold sales and continued high average recovery rates at 90%." Read More
British American Tobacco PLC - London-based maker of cigarettes and vapes - Says its subsidiaries BAT Capital Corp and BAT International Finance PLC have increased the maximum purchase price of bond they intend to buy back to GBP1.2 billion from GBP1 billion. The tender offers will expire on May 13, unless extended or earlier terminated. BAT has said this repurchase seeks to optimise its debt capital structure, with units using available liquidity to reduce debt. Read More
(Alliance News) - Shares in Biome Technologies PLC sank on Monday, after the company reported a sharp dip in revenue for the first quarter of 2024. Read More
(Alliance News) - Jardine Matheson Holdings Ltd on Monday released two updates from a subsidiary, which reported a softer performance from its portfolio in the first quarter of 2024. Read More
(Alliance News) - Humza Yousaf has announced his resignation as Scotland's first minister ahead of forthcoming confidence votes. Read More
(Alliance News) - Elementis PLC on Monday responded to an open letter from Gatemore Capital Management LLP, but avoided direct responses toward demands from the activist shareholder. Read More