Page 17 - Greg Roxburgh News Today

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Schroder European Real Estate Loses Fashion Retailer At Spain Centre Wed, 10th Feb 2021 11:55 (Alliance News) - Schroder European Real Estate Investment Trust PLC on Wednesday said it will be losing one of its fashion tenants at Metromar shopping centre in Seville, Spain. The London and Johannesburg-listed real estate investor said it has been notified that one of the fashion anchor tenants will exercise its lease termination right. The unnamed tenant accounts for around 3,000 square meters, o...

Fri, 5th Feb 2021 14:31 Chaarat Gold Holdings Ltd - gold mining company with assets in Kyrgyzstan and Armenia - Says Labro Investments Ltd has now subscribed for 62.4 million shares at a 26 pence per share issue price. The USD22.2 million Labro subscription has been satisfied by conversion of the entire outstanding USD22 million term loan due to Labro from Chaarat, plus GBP220,000 of accrued interest. This conversion extinguishes the Labro term loan, saving Chaarat USD2.1 million in interest pa...

Petrofac Inks Two Petroleum Development Contracts In Oman Thu, 4th Feb 2021 09:51 (Alliance News) - Petrofac Ltd on Thursday said it has secured two petroleum development contracts in Oman through Petroleum Development Oman, which together are worth around USD300 million. Petroleum Development Oman is an oil & gas exploration & production company in Oman. The oilfield services company based in Jersey said the first is a direct engineering, procurement, and construction contract for the Petrol...

Bacanora Step Closer To Becoming Lithium Producer Following Placing Wed, 3rd Feb 2021 10:23 (Alliance News) - Bacanora Lithium PLC on Wednesday said it is well on its way to transitioning to a lithium producer from an exploration company as its capital requirements for its Sonora lithium project in Mexico are now met follwoing a successful placing and retail offer. The lithium explorer focused on Mexico said it successfully raised approximately USD65 million through the placing of shares as wel...

Royal Mail Welcomes Union Backing For Future Strategy Agreement Wed, 3rd Feb 2021 16:13 (Alliance News) - Royal Mail PLC on Wednesday said is pleased that members of the Communication Workers Union voted "overwhelmingly" in favour of the framework agreement on the strategy and future direction of Royal Mail. The parcel and letter carrier said the 92% of the unions eligible member voted in favour of the agreement, which covers subjects including operational change, pay and job security. The FTSE...

Civitas Social Housing Ups Quarterly Dividend Amid Unaffected Trading Tue, 2nd Feb 2021 09:30 (Alliance News) - Civitas Social Housing PLC on Tuesday said it is on track to meet its full-year dividend target, as trading remained in-line with expectations and unhindered by the virus pandemic during the third quarter of its financial year. Civitas Social is a FTSE 250-listed real estate investment trust focused on social care housing and healthcare facilities. Net asset value per share at Decembe...

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TOP NEWS: Anglo American Annual Production Down, To Ramp Up In 2021 Thu, 28th Jan 2021 09:35 (Alliance News) - Anglo American PLC on Thursday said production was down in 2020 across most categories, with copper and nickel being the only minerals to have shown an increase to the year before. The blue-chip miner said diamond production in 2020 was down 19% to 25.1 million carats from 30.8 million carats a year prior. Copper production was up 1.4% to 647,000 tonnes from 638,000 tonnes, driven by...

Kibo Energy Gas Power Project To Be Production Ready On Acquisition Mon, 25th Jan 2021 11:43 (Alliance News) - Kibo Energy PLC on Monday said it is finalising the acquisition of a 9 megawatt flexible gas power project in the UK which will be production-ready on completion of the acquisition. The Irish multi-asset energy company said reports from the project vendor and onsite engineers state that the site will be in electricity generation readiness by mid-February. The acquisition is being made...