Aberforth underpreforms against benchmark in H1; raises dividend
27th Jul 2016 11:59
(ShareCast News) - Aberforth Smaller Companies Trust said first-half net asset value fell 11.6% as it missed its benchmark return, but rewarded shareholders with a 5.2% increase in interim dividend to 8.60p a share. The company said the NAV decline compared with a return of -5.6% from the Numis Smal
Read moreAZ Electronic Materials CEO sells 46,000 shares
4th May 2012 16:06
Geoff Wild, who has occupied the role Chief Executive Officer at speciality chemicals producer AZ Electronic Materials since January 2010, dumped 46,000 shares in the firm one week after the firm reported a robust performance during a tough first quarter. Wild, 55, disposed of the shares at 322.40
Read moreHunting CEO ditches 100,000 shares
1st May 2012 15:50
The Chief Executive Officer of FTSE 250 energy services provider Hunting has sold off 100,000 shares in the firm at 945p each. Dennis Proctor, who has been a director of Hunting for twelve years, made the £945,000 sale to satisfy personal tax liabilities, the company said. Following the transact
Read moreAberforth NAV above its benchmark index
10th Apr 2012 13:13
Aberforth Smaller Companies Trust, a FTSE 250 equity investment firm, saw its net asset value (NAV) rise by 23.5 per cent in the three months ended March 31st. Comparatively, the company's benchmark, the RBS Hoare Govett Smaller Companies Index (excluding investment companies), gained 18.1%. The
Read morePremier Farnell director buys after shares wither
20th Jul 2011 17:04
Premier Farnell non-executive director Paul Withers has taken advantage of a recent weak spell in the electrical components and industrial products supplier's share price, spending nearly £55,000. He took 30,000 shares at 183p a go, and now has 70,000. Shares in Premier Farnell took a dive earlier
Read moreWhitbread's Harrison takes a top-up
18th Jul 2011 15:37
Whitbread's chief executive Andy Harrison has taken a top-up in the Costa Coffee and Premier Inn owner's shares, spending nearly £250,000. He took 16,095 shares at 1,543.6p a time and now has 177,768. Harrison's purchase comes the week after Whitbread reported a 9% rise in sales for the first quar
Read moreAberforth Geared Income Trust to float
15th Apr 2010 13:06
New split capital investment trust Aberforth Geared Income Trust hopes to raise up to £100m via a placing and offer for subscription. The offer for subscription opens today and is due to close on 23 April. Dealings in the ordinary and zero dividend preference (ZDP) shares commence on the Main Mark
Read moreDiscount to NAV widens at Aberforth Smaller Cos. Trust
5th Oct 2009 13:43
Net asset value growth at investment trust Aberforth Smaller Companies underperformed the company's benchmark in the third quarter, despite rising by 24.5%. Net asset value per share rose to 631.49p at the end of September from 512.77p, a tidy enough gain but slightly less in percentage terms than
Read moreASCoT underperforms against benchmark
22nd Jul 2009 17:09
Aberforth Smaller Companies Trust (ASCoT) said it has underperformed relative to the benchmark index in the six month ended 30 June, but still declared its first interim dividend of 6.00 pence per share. "The conservative positioning of the portfolio has resulted in an underperformance relative to
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