Activist fund Crystal Amber wants to shake up Hurricane board
23rd Dec 2022 13:18
(Sharecast News) - Activist investor Crystal Amber Fund has sent a requisition notice to the board of Hurricane Energy, it announced on Friday, requiring Hurricane to convene a general meeting at which resolutions would be proposed to remove executives Antony Maris and Richard Chaffe, non-executive chairman, Philip Wolfe and, conditional on the appointment of Tony Buckingham and Franco Castelli, Crystal Amber nominees, David Craik, John Wright and Juan Morera.
Read moreCrystal Amber calls for removal of Northgate chairman
12th Mar 2019 10:32
(Sharecast News) - Activist investor Crystal Amber has called a shareholder meeting to remove Northgate chairman Andrew Page, blaming the vehicle rental company's multiple profit warnings and declining shareholder returns.
Read moreCrystal Amber Fund buys up more of GI Dynamics
10th Feb 2017 15:58
(ShareCast News) - Crystal Amber Fund announced on Friday that it has acquired a further 16.08% of the issued Chess Depositary Interests in GI Dynamics, taking the fund's CDI holding in the company to 38.73%. The AIM-traded fund said GI Dynamics is the developer of EndoBarrier, the first minimally i
Read moreSunday newspaper round-up: Inflation, MPC, Tesco, Rolls-Royce, Morrisons
11th Sep 2016 15:45
(ShareCast News) - At their meeting this week, the Bank of England's rate setters are expected to pause and take stock of the impact on the economy of its recent interest rate cut, while UK inflation is set to continue its modest rise figures are likely to show. While inflation is likely to be boost
Read moreCrystal Amber Fund mulling secondary issue of shares after strong year
23rd Apr 2013 12:41
Crystal Amber Fund, the AIM-listed, activist fund, has reported that preliminary discussions have been initiated with some of its major shareholders regarding the potential to finance further investment opportunities through a secondary issue of shares. The board said that by increasing the size o
Read moreCrystal Amber suffers drop in NAV
11th Sep 2012 11:54
Crystal Amber Fund, the activist investor, saw net asset value (NAV) fall over the last year as its investments were hit by global economic woes. At the end of June the firm's NAV was £63.4m, a drop of 3.1% compared to £65.4m the previous year. NAV per share was 105.59p, down from 109.01p at the e
Read moreDick's Sporting Goods takes stake in JJB
5th Apr 2012 07:32
JJB Sports has been thrown a lifeline by US sporting goods retailer Dick's Sporting Goods, which has made a strategic investment in the struggling UK sportswear retailer. Dick's is to invest an initial £20m in JJB, in return for which it will receive new JJB shares at a cost of 10p per share and co
Read moreSmall caps round-up: Aminex, Solo, Firestone Diamonds ...
7th Feb 2012 08:50
Oil and gas companies Aminex and Solo Oil took a hit on Tuesday morning after the first stab at drilling their shared Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania proved disappointing. Data will now be recorded to determine whether or not to drill further. Aminex shares fell 38
Read moreCrystal Amber's NAV gets a shoeing from JJB
3rd Mar 2011 13:38
The share price slump of JJB Sports has proved a drag on the net asset value (NAV) per share of Crystal Amber Fund, the activist fund that specialises in taking positions in what it regards as undervalued companies. The investment company, which has representation on the board of JJB after being ac
Read moreCrystal Amber increases Sutton stake
28th Jan 2011 12:42
Crystal Amber is continuing to add to its holding in AIM-quoted Sutton Harbour following the company's sale of its airline business. AIM-quoted investment company Crystal Amber has added 275,000 shares to take its holding in the Plymouth-based property developer and port operator to 12.14%. Air
Read moreCrystal Amber held back by JJB
13th Sep 2010 16:46
AIM-quoted activist investment company Crystal Amber Fund Ltd made gains on a number of stakes in the year to June 2010 but a poor performance from JJB Sports has held back Crystal's NAV. The NAV was 115.5p a share at the end of June 2010, barely 1% higher than one year before. The share price is
Read moreUK SMALLCAP ROUNDUP:Salamander Energy Abandons Dry Vietnam Well
29th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SALAMANDER ENERGY PLC (SMDR.LN) said it has plugged and abandoned the Tom Su Lua-1X exploration well offshore Vietnam after it turned out to be dry.
Read morePinewood Shepperton Says Main Holders Are Backing Board
29th Jun 2010 08:25
LONDON (Dow Jones)--Film and television production company Pinewood Shepperton PLC (PWS.LN) Tuesday said it has the backing of the majority of its shareholders, after its second-largest shareholder called for the company's chairman to quit. In a brief statement ahead of the company's annual meet
Read moreCrystal Amber Calls For Pinewood Shepperton's Grade To Quit
29th Jun 2010 06:58
LONDON (Dow Jones)--Crystal Amber Fund Ltd. (CRS.LN) said Tuesday it will call for Pinewood Shepperton PLC's (PWS.LN) Chairman Michael Grade to step down at the film and television studios group's annual meeting today, as it said the management has failed to realize the true value of the business.
Read moreCrystal increases Sutton Harbour stake to 10%
15th Jun 2010 10:28
Crystal Amber Fund has increased its stake in fellow AIM-quoted firm Sutton Harbour, which is trying to sell its airline business, to more than 10%. Investment company Crystal Amber has taken its stake in the property regeneration and harbour operating business from 9.12% to 10.03%. Sutton Harb
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