QuotedData’s other news 17 December 2019

In QuotedData’s other news 17 December 2019

  • Tritax Big Box REIT has reached an agreement to extend the termination date in respect of GBP300 million of its GBP350 million unsecured revolving credit facility, from 10 December 2023 to 10 December 2024. The maturity date of the residual GBP50 million will remain 10 December 2023. This extends the company’s weighted average debt maturity to 7.6 years.
  • Alpha Real Trust has recovered INR115m (GBP1.23m) in relation to its disputed Galaxia investment (a planned development with Logix). Alpha Real was awarded the equivalent of  £9.2m and interest at 15% a year in 2015. So far it has recovered £2.23m.
  • Invesco Enhanced Income reports that for the year ended 30 September 2019, its return to shareholders was 6.7%. The dividend was maintained at 5p per share, the NAV total return was 8.9% and the NAV per share increased 1.5% to 74.2p.
  • PME Africa is asking shareholders to approve cancellation of its trading on AIM – this will happen on 12 February 2020 if shareholders say yes.


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