DIRECTOR DEALINGS: Watches of Switzerland CEO sells morningstar.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.co.uk Daily Mail and Mail on Sunday newspapers.
17 March 2021 | 09:23am
StockMarketWire.com - Housing investor Residential Secure Income said it had acquired 68 shared ownership homes from Metropolitan Thames Valley Housing for £5.1 million.
Residential Secure Income (ReSI) said the deal followed a partnership between the two companies in in London and Cambridgeshire that delivered 138 shared ownership homes during 2020.
The newly acquired properties, located in a Swindon development, comprised 53 apartments and 15 houses, in low-rise brick buildings.
The average share already owned by residents in their homes was 44%. The properties are immediately earnings enhancing for ReSI and generate an expected inflation-linked leveraged yield in line with ReSI s 8% total return and around 5% dividend targets, the company said.
TRADING UPDATES: Ceres Power eyes move to Main Market by mid-2022
Wed, 17th Mar 2021 18:40
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Ceres Power Holdings PLC - Horsham, West Sussex-based solid oxide fuel cell developer - Proposes placing and subscription to raise GBP180m million via PrimaryBid. Says the net proceeds will be used to accelerate its investment in the development and potential commercialisation of its solid-oxide electrolysis technology. This will help expand the company s presence in the green hydrogen production market. Intends to explore a move to the London Stock Exchange s Main Market by mid-2022.
Gresham House PLC s sustainable investment focus offers plenty more room to grow proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
EXECUTIVE CHANGES: New CFOs for Sensyne, Focusrite, Bango, 4D Pharma
Mon, 1st Mar 2021 16:41
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:
Sensyne Health PLC - Oxford, England-based clinical technology using artificial intelligence - Moves Chief Investment Officer Richard Pye to chief financial officer and executive director, while interim CFO Michael Norris moves to non-executive director, both from last Friday. Norris has been interim CFO since March last year. Additionally, Geoff Race joins the board as non-executive director. Race is co-founder and CFO of Nasdaq-listed biopharmaceutical company Minerva Neurosciences Inc.