UK markets open in 1 hour 6 minutes

  • NIKKEI 225

    28,242.21
    -276.97 (-0.97%)
     

  • HANG SENG

    28,807.36
    +233.50 (+0.82%)
     

  • CRUDE OIL

    52.18
    -0.18 (-0.34%)
     

  • GOLD FUTURES

    1,836.50
    +6.60 (+0.36%)
     

  • DOW

    30,814.26
    -177.24 (-0.57%)
     

  • BTC-GBP

    25,918.44
    -411.28 (-1.56%)
     

  • CMC Crypto 200

    684.12
    -51.02 (-6.94%)
     

  • ^IXIC

    12,998.50
    -114.10 (-0.87%)
     

  • ^FTAS

    3,803.75
    -35.67 (-0.93%)
     
Week ahead:

Biden inauguration, UK public finances and retail sales, ECB rate meeting

The spotlight will be on the inauguration of Joe Biden who will be sworn in as 46th president of the US

Rights and Issues Investment Trust PLC: Net Asset Value(s)

·2-min read

Rights and Issues Investment Trust PLC (RIII)
31-Dec-2020 / 12:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

 


Rights and Issues Investment Trust Plc

 

 

LEI Number: 2138002AWAM93Z6BP574

The Company announces:

Total Assets (including unaudited revenue reserves at 30/12/2020) of £170.47m

Net Assets (including unaudited revenue reserves at 30/12/2020) of £170.47m

 

 

 

The Net Asset Value (NAV) at 30/12/2020 was:

 

 

Number of shares in issue:

Per Ordinary share - including unaudited current period revenue*

2,260.75p

7,540,321

Per Ordinary share - excluding unaudited current period revenue* 

2,260.14p

 

Ordinary share price (mid-price)

2,180.00p

 

Discount to NAV

4.90%

 

*Current period revenue covers the period 01/01/2020 to 30/12/2020

 

 

 

 

 

Name of company

% of portfolio

1

Treatt Plc Ordinary 2p

18.06

2

Hill & Smith Holdings Plc Ordinary 25p

12.85

3

Macfarlane Group Plc Ordinary 25p

9.43

4

Scapa Group Plc Ordinary 5p

9.33

5

Spirax-Sarco Engineering Plc Ordinary 26.9231p

8.79

6

Vp Plc Ordinary 5p

8.58

7

Electrocomponents PLC Ordinary 10p

7.29

8

Colefax Group Plc Ordinary 10p

6.16

9

Vitec Group plc Ordinary 20p

2.29

10

Renold Plc Ordinary 5p

2.29

11

Eleco Plc Ordinary 1p

2.24

12

IMI Plc Ordinary 25p

2.12

13

Morgan Advanced Materials Plc Ordinary 25p

1.95

14

Bellway Plc Ordinary 12.5p

1.54

15

Menzies (John) Plc Ordinary 25p

1.43

16

Carr's Group Plc Ordinary GBp2.5

1.41

17

Castings Plc Ordinary 10p

0.89

18

National Grid Plc Ordinary 11.395p

0.76

19

Titon Holdings Plc Ordinary 10p

0.72

20

GlaxoSmithKline Plc Ordinary 25p

0.60

21

Santander UK 10.375% Non Cumulative Preferred

0.41

22

Dialight Plc Ordinary 1.89p

0.38

23

LPA Group Plc Ordinary 10p

0.33

24

Coral Products Plc Ordinary 1p

0.11

25

Chamberlin Plc Ordinary 25p

0.04

26

Dyson Group Plc Ordinary GBP0.001

0.00

27

Costain Group Plc Ordinary 50p

0.00

Rights and Issues Investment Trust Plc

 

 

LEI Number: 2138002AWAM93Z6BP574

The Company announces:

Total Assets (including unaudited revenue reserves at 30/12/2020) of £170.47m

Net Assets (including unaudited revenue reserves at 30/12/2020) of £170.47m

 

 

 

The Net Asset Value (NAV) at 30/12/2020 was:

 

 

Number of shares in issue:

Per Ordinary share - including unaudited current period revenue*

2,260.75p

7,540,321

Per Ordinary share - excluding unaudited current period revenue* 

2,260.14p

 

Ordinary share price (mid-price)

2,180.00p

 

Discount to NAV

4.90%

 

*Current period revenue covers the period 01/01/2020 to 30/12/2020

 

 

 

 

 

Name of company

% of portfolio

1

Treatt Plc Ordinary 2p

18.06

2

Hill & Smith Holdings Plc Ordinary 25p

12.85

3

Macfarlane Group Plc Ordinary 25p

9.43

4

Scapa Group Plc Ordinary 5p

9.33

5

Spirax-Sarco Engineering Plc Ordinary 26.9231p

8.79

6

Vp Plc Ordinary 5p

8.58

7

Electrocomponents PLC Ordinary 10p

7.29

8

Colefax Group Plc Ordinary 10p

6.16

9

Vitec Group plc Ordinary 20p

2.29

10

Renold Plc Ordinary 5p

2.29

11

Eleco Plc Ordinary 1p

2.24

12

IMI Plc Ordinary 25p

2.12

13

Morgan Advanced Materials Plc Ordinary 25p

1.95

14

Bellway Plc Ordinary 12.5p

1.54

15

Menzies (John) Plc Ordinary 25p

1.43

16

Carr's Group Plc Ordinary GBp2.5

1.41

17

Castings Plc Ordinary 10p

0.89

18

National Grid Plc Ordinary 11.395p

0.76

19

Titon Holdings Plc Ordinary 10p

0.72

20

GlaxoSmithKline Plc Ordinary 25p

0.60

21

Santander UK 10.375% Non Cumulative Preferred

0.41

22

Dialight Plc Ordinary 1.89p

0.38

23

LPA Group Plc Ordinary 10p

0.33

24

Coral Products Plc Ordinary 1p

0.11

25

Chamberlin Plc Ordinary 25p

0.04

26

Dyson Group Plc Ordinary GBP0.001

0.00

27

Costain Group Plc Ordinary 50p

0.00

ISIN:

GB0007392078

Category Code:

NAV

TIDM:

RIII

LEI Code:

2138002AWAM93Z6BP574

OAM Categories:

3.1. Additional regulated information required to be disclosed under the laws of a Member State

Sequence No.:

90682

EQS News ID:

1158061


 

End of Announcement

EQS News Service

show this
show this

Latest stories

  • Fears of ‘inside attack’ at Biden’s inauguration, defence officials warn

    A security threat within the ranks will be a big risk for president-elect Joe Biden and other VIP attendees at the inauguration, according to defence officials

  • Tunisian rioters clash with security forces for third night

    Clashes broke out for a third consecutive evening Sunday in several Tunisian cities. In the working-class neighbourhood of Ettadhamen on the edge of the capital Tunis, young men hurled rocks at riot police who responded with volleys of tear gas despite a tight lockdown to curb the spread of coronavirus.

  • ISL 7: Bengaluru FC midfielder Dimas Delgado returns to Spain due to family emergency

    Vasco (Goa) [India], January 18 (ANI): Bengaluru FC announced that midfielder Dimas Delgado has returned to Spain owing to a family emergency. The Spaniard flew back home on Sunday and is likely to miss at least two weeks of the ongoing seventh season of the Indian Super League (ISL).

  • Startups at CES showed how tech can help elderly people and their caregivers

    The COVID-19 pandemic shined a harsh spotlight on the challenges many elderly people face. Older adults are among the highest-risk groups for developing cases that need hospitalization and nursing homes were especially vulnerable to outbreaks. While dealing with COVID-19, the elderly have also faced many other problems, including the difficulty of accessing medical care for chronic conditions during lockdowns and isolation.

  • Dramatic drop in Saudi executions after laws changed in 2020

    Saudi Arabia, for years one of the world's most prolific executioners, dramatically reduced the number of people put to death last year, following changes halting executions for non-violent drug-related crimes, according to the government’s tally and independent observers. The Saudi government’s Human Rights Commission said Monday it documented 27 executions in 2020.

  • Covid vaccines to be offered to over-70s and clinically vulnerable as jab roll-out continues

    Over-70s and clinically extremely vulnerable people will begin receiving invitations for coronavirus jabs this week in a “significant milestone” for the vaccination programme. More than 3.8 million people – including over-80s, care home residents and NHS and social care staff – have already received their first dose of a Covid-19 vaccine, but it will be rolled out in the next two priority groups from Monday. Boris Johnson has pledged to offer vaccinations to the first four priority groups by the middle of next month, while Dominic Raab said on Sunday that all adults would be offered a first dose by September.

  • Transfer news LIVE! Ozil latest; Arsenal track Toney; Dele Alli update; Man United, Chelsea rumours today

    It is two weeks until the end of the midseason window we are still yet to see any major moves by any of the Premier League’s biggest clubs, with many of them instead focusing on outgoing. Mesut Ozil’s move to Fenerbahce is expected to be finalised imminently. Chelsea epitomise that, having spent big on a host of new stars in the summer, and all the speculation today is over Fikayo Tomori’s proposed loan move to AC Milan and a surprise option-to-buy, while Danny Drinkwater is finally headed for the exit door.

  • ISL 7: Odisha FC ropes in Rakesh Pradhan on loan from NorthEast United

    Bhubaneswar (Odisha) [India], January 18 (ANI): Odisha FC has signed defender Rakesh Pradhan on loan from NorthEast United FC till the end of the Indian Super League (ISL) Season.

  • Rioters in Tunisia clash with security forces for third night

    Clashes broke out for a third consecutive night on Sunday in several Tunisian cities, pitting stone-throwing youths against security forces despite a tight lockdown to curb the spread of coronavirus. In the working-class neighbourhood of Ettadhamen on the edge of the capital Tunis, young men hurled rocks at riot police who responded with volleys of tear gas.Authorities said they had arrested dozens of young people during consecutive nights of disturbances in the capital and other cities, amid a nationwide anti-coronavirus lockdown imposed since Thursday – a decade to the day since dictator Zine al-Abidine Ben Ali fled from power.>> The Arab Spring, 10 years on: Tunisia still facing economic, political challengesBut in Ettadhamen, there were no political slogans to be heard."These aren't protests, it's young people who are coming from nearby neighbourhoods to rob and entertain themselves," said 26-year-old resident Oussama."A protest would be during the day, faces visible," he said.Abdelmoneim, a waiter at a nearby cafe, said those in the street were "bored adolescents", but blamed the violence on the country's post-revolution political class."These delinquents are the result of their failure," the 28-year-old said.Looting and vandalismFrom nightfall, young people gathered again on the roofs of houses to lob stones and fireworks at police and national guard officers.Sirens wailed as a police officer with a megaphone shouted "go home!"Nearby, a young man filling his pockets with rocks told AFP: "These are for our enemies."Interior ministry spokesman Khaled Hayouni said earlier Sunday that dozens of young people, mostly aged between 14 and 17, had been arrested after they took to the streets during previous evenings, to loot and vandalise shopfronts and cars. Videos circulating on social media showed young people burning tyres, insulting the police and looting shops.Sousse, usually a magnet for foreign holidaymakers but hit hard by the pandemic, also saw rioting.The army deployed to Sousse, as well as the cities of Bizert, Kasserine and Seliana, to protect some government buildings, defence ministry official Mohamed Zekri told Reuters.A nation mired in crisisTunisia had been under a night-time curfew even before the recent lockdown, a four-day measure meant to expire on Sunday at midnight.A decade on from the revolution, many Tunisians are increasingly angered by poor public services and a political class that has repeatedly proved unable to govern coherently.>> The Arab Spring, 10 years on: Martyrs but no jobs in the cradle of Tunisia's revolutionGDP shrank by 9% last year, consumer prices have spiralled and one third of young people are unemployed.The key tourism sector, already on its knees after a string of deadly jihadist attacks in 2015, has been dealt a devastating blow by the pandemic.Tunisia has registered over 177,000 coronavirus cases, including over 5,600 deaths from the disease. The health crisis and ensuing economic misery have pushed growing numbers of Tunisians to seek to leave the country.In Ettadhamen on Sunday evening, waiter Abdelmoneim nervously dragged on a cigarette as youths fought police nearby."I don't see any future here," he said.He said he was determined to take a boat across the Mediterranean to Europe "as soon as possible, and never come back to this miserable place".(FRANCE 24 with AFP)

  • Toughest travel rules in a lifetime take effect for UK arrivals

    Travellers must take a test 72 hours before departing and self-isolate on arrival

  • From Billie Eilish to Phoebe Bridgers: How ASMR crossed over into pop

    Soft, spooky whispers have become a dominant force in everything from folk to hip-hop, and it’s only going to get bigger, writes Ed Power

  • Boris Johnson under pressure as Labour force vote on £20-a-week Covid-19 boost to Universal Credit

    Labour will force a vote in the Commons to stop millions plunging into poverty

  • Havana: a virtual tour through food, music, films and books

    Havana: a virtual tour through food, music, films and booksTravel vicariously through the arts, culture and cuisine that give the city its beauty and rhythm

  • NGOs demand action not promises as EU accused of ‘failing to protect seas’

    NGOs demand action not promises as EU accused of ‘failing to protect seas’Environmental groups propose urgent plan to stop overfishing and safeguard marine life, as existing laws go unenforced

  • BGHL (GBP): NAV(s)

    BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 15 Jan 2021. Estimated NAV Euro SharesSterling SharesEstimated NAV€ 26.3409£ 23.0570Estimated MTD return 1.56 % 1.27 %Estimated YTD return 1.56 % 1.27 %Estimated ITD return 163.41 % 130.57 % NAV and returns are calculated net of management and performance fees Market information Euro SharesAmsterdam (AEX)London (LSE)Market Close€ 20.90N/APremium/discount to estimated NAV -20.66 %N/A Sterling SharesAmsterdam (AEX)London (LSE)Market CloseN/AGBX 1,800.00Premium/discount to estimated NAVN/A -21.93 % Transactions in own securities purchased into treasury Ordinary Shares Euro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/ARange of PriceN/AN/A Liquidity Enhancement AgreementEuro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/A BGHL Capital BGHL Ordinary SharesEuro SharesSterling SharesShares Outstanding 13,275,769 294,494Held in treasury 503,934N/AShares Issued 13,779,703 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated)€ 221.5323 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL

  • TCM Group A/S: Major shareholder announcement

    COMPANY ANNOUNCEMENT No. 73/2021 Tvis, 18 January 2021 Major shareholder announcementReferring to section 30 of the Capital Markets Act, TCM Group A/S (the "Company"), can inform, that BI Asset Management Fondsmæglerselskab A/S has notified, that the mutual funds managed by BI Asset Management Fondsmæglerselskab A/S own 936,660 shares in the Company, corresponding to 9.3 % of the total share capital and of the voting rights. For additional information, please contact:CEO, Torben Paulin, TCM Group, +45 97 43 52 00 About TCM Group TCM Group is Scandinavia’s third largest manufacturer of kitchens and furniture for bathrooms and storage. The products are Danish design, produced in Denmark and rooted in a proud tradition of good quality and good craftsmanship. TCM Group pursues a multi-brand strategy, under which the main brand is Svane Køkkenet and the other brands are Tvis Køkkener, Nettoline and kitchn. Combined, the brands cater for the entire price spectrum, and are sold through c. 135 dealers in Denmark and the rest of the Scandinavia. In addition, TCM Group sells private label kitchens through DIY stores in Denmark and independent kitchen stores in Norway. See www.tcmgroup.dk for more information. Attachment 73. Major shareholder announcement

  • Klövern acquires two properties in Lund and Malmö for SEK 113 million

    Klövern has in two separate transactions signed contracts to acquire two office properties in Lund and Malmö for a total underlying property value of SEK 113 million. The property Harven 2 in Lund has a lettable area of 3,200 sq.m. and is fully let to Unikum Datasystem. The remaining contract period amounts to 5 years with an annual contract value of SEK 4.5 million. Transfer of possession was on 15 January. In Malmö a contract has been signed regarding new construction on the property Grävstekeln 2. The planned new building, which is fully let to among others We Construction, will have a lettable area of 1,925 sq.m. and primarily consist of offices. The rental value amounts to SEK 3.3 million and the average contract period is 5 years. Transfer of possession is planned to be in the first quarter of 2022. On 30 September 2020 the value of Klövern’s property portfolio in Malmö and Lund amounted to SEK 3 billion, which corresponded to 5 per cent of the company’s total property value. ”I am pleased that we can announce additional add-on acquisitions in Lund and Malmö”, says Peeter Kinnunen, Head of Transactions at Klövern. Klövern AB (publ) For additional information, please contact: Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult@klovern.se Peeter Kinnunen, Head of Transactions, +46 (0)76-855 67 03, peeter.kinnunen@klovern.se Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby@klovern.se Klövern is a real estate company committed to working closely with customers to offer them attractive premises in growth regions. Klövern is listed on Nasdaq Stockholm. For further information, see www.klovern.se. Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 (0)10-482 70 00. E-mail: info@klovern.se. This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail. Attachment 210118 Klövern acquires two properties in Lund and Malmö for SEK 113 million (pdf)

  • Samsung Billionaire Heir Ordered Back to Prison for Bribery

    (Bloomberg) -- Samsung Electronics Co. heir Jay Y. Lee was sentenced to two years and six months in prison over bribery charges, a dramatic conclusion to a years-long graft trial that had inflamed outrage in the country over the cozy relationships between government and business.Monday’s sentencing lands the top decision maker at the world’s biggest electronics company behind bars at a time of rising competition and global uncertainty. The Seoul High Court first jailed Lee in 2017 after convicting the billionaire for his role in a corruption scandal that toppled former president Park Geun-hye. The Samsung Group’s de facto leader served a year in prison but was released in February 2018 after his original five-year term was halved and suspended. The Supreme Court overturned that verdict and ordered a retrial in 2019.Lee, 52, has been embroiled in a legal fight that started four years ago and stemmed from a controversial merger in 2015. The Samsung executive was accused of offering horses and other payments to a friend of the former president to win support for his formal succession at the corporation. The Supreme Court upheld a 20-year prison term for Park last week, citing wide-ranging charges including bribery related to Samsung.“This is shocking news for Samsung, but Samsung should wrap up this legal wrangling and move forward,” said Chae Yi-bai, a former South Korean lawmaker who has worked at a non-profit shareholder activist organization. “Since Lee already spent one year in prison, there will be one and a half years of a leadership vacuum.”Shares of Samsung Electronics fell more than 4% after the sentence was read out loud.An attorney for Lee called the decision “regrettable.” Samsung Electronics declined to comment on the outcome.Why Jail Threat Hangs Over Samsung Billionaire Again: QuickTakeThe vacuum atop the world’s largest producer of memory chips, smartphones and consumer appliances comes as the Covid-19 pandemic is exacerbating rising uncertainty around the U.S.-Chinese relationship and intensifying competition. While Samsung’s daily business is run by an army of managers, Lee’s absence may stall or complicate massive investments or strategic longer-term moves. The executive has played an active role at the company, frequently joining government-related and public events after he was released from the prison.Shin Se-don, an emeritus professor of economics at Sookmyung Women’s University, called the prison sentence “too excessive” and warned that there could be a backlash against the government, given the importance of the Samsung Group to the country.“Lee might be able to manage the company from the jail, but there will be some setback,” said Shin. “The jailing of Lee will give an emotional shock to the people. Samsung is a backbone of our economy and people will be upset about the result.”During the last hearing on Dec. 30, Lee read out a lengthy personal apology over the case -- reiterating pledges he first made in May -- stressing his effort to make Samsung company great while pledging not to repeat past wrongdoings, and pledging not to pass down power to his children. Lee’s ascension to the chairmanship of Samsung after his father’s death in October is likely to be delayed until he goes free.Separately, he faces another case related to the controversial merger between Samsung C&T and Cheil Industries in 2015, which includes allegations ranging from violation of capital markets law to a breach of duty. Lee will have to attend hearings in that case while serving his time in jail.(Updates with ex-lawmaker’s comment in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Covid hotspots NSW: list of Sydney and regional coronavirus case locations

    Covid hotspots NSW: list of Sydney and regional coronavirus case locationsHere are the current coronavirus hotspots in New South Wales and what to do if you’ve visited them * Australia’s Covid restrictions and lockdown rules – state by state * NSW Covid cases map; Vic hotspots list; QLD hotspots list * Download the free Guardian app

  • Nation urged to turn Blue Monday into Brew Monday with virtual chats over tea

    This year’s Blue Monday falls during a lockdown in a pandemic, meaning that challenges faced by many people in winter will be felt even more acutely.