Law Debenture describes 'resilient' first-half performance
29th Jul 2022 07:05
(Sharecast News) - Law Debenture reported a net asset value total return, with debt and independent professional services at fair value, of -4% for the first half on Friday.
Read moreLaw Debenture continues index outperformance in 2021
25th Feb 2022 09:12
(Sharecast News) - The Law Debenture Corporation reported a net asset value total return of 25.1% in its 2021 results on Friday, outperforming the FTSE Actuaries All-Share Index by 6.8%.
Read moreLaw Debenture buying Konexo secretarial unit
15th Dec 2020 08:18
(Sharecast News) - The Law Debenture Corporation announced on Tuesday that its wholly-owned subsidiary Law Debenture Corporate Services (LDCS) has entered into a binding agreement to acquire the company secretarial unit of Konexo UK, a division of Eversheds Sutherland International.
Read moreLaw Debenture appoints Trish Houston as COO
3rd Sep 2020 09:23
(Sharecast News) - Law Debenture has appointed Trish Houston as its new chief operating officer.
Read moreLaw Debenture maintaining dividend despite NAV performance
31st Jul 2020 08:22
(Sharecast News) - The Law Debenture Corporation confirmed on Friday that its 2020 dividend would be at least equal to the 2019 level of 26p per share, making for a dividend yield of 5%, as its net asset value total return slid 16.5%.
Read moreDirectors dealings: LondonMetric directors sell as quarterly dividend declared
24th Aug 2016 17:55
(ShareCast News) - LondonMetric Property directors sold more than £1.5m-worth of shares in the company, which on Wednesday declared a first quarterly interim dividend of 1.8p a share. The ex-dividend date was 1 September, with the record date being 2 September and the dividend payment date diaried f
Read moreDirector dealings: Banszky sells down Law Debenture stake
8th Aug 2016 15:15
(ShareCast News) - Caroline Banszky, managing director of the Law Debenture Corporation has sold almost £343,000 worth of shares in the investment trust and independent fiduciary services provider. Bankszky sold 20,000 shares at 490.46p; 40,000 at 490.16p and 10,000 at 489.17p. The former operations
Read moreLaw Debenture underperforms half year FTSE benchmark due to Brexit
28th Jul 2016 15:13
(ShareCast News) - Investment trust Law Debenture's net asset value total return for the half year missed its benchmark due to Brexit, but the company maintained its interim dividend. For the six months ended 30 June, net asset value total return was 1.5%, compared to a total return of 4.3% for the
Read moreLaw Debenture Corp beats benchmarks, ups dividend
29th Jul 2015 15:44
(ShareCast News) - Investment trust Law Debenture Corp posted a 3.8% jump in net asset value total return in the first six months of the year. Shares in the global investment trust were up by 2.05% to 523p after the company said it beat benchmarks. The company said net revenue per share was 10.75p,
Read moreInterContinental Hotels director sells 70,000 shares
22nd Apr 2013 16:30
InterContinental Hotels' President of the Americas has sold 70,000 shares on Monday, reducing his stake to 388,330 shares. The shares were sold for 1,858.95p each for a total of £1.3m. The transaction comes just a few weeks after the company agreed to sell the leasehold interest at its London P
Read moreRolls Royce director sells stake worth almost two million pounds
4th Mar 2013 14:52
The President and Chief Executive Officer of Rolls-Royce North America, James Guyette, on Friday sold 1.966m pounds-worth of shares in the global power systems company, just two weeks after it delivered a 24 per cent leap in annual profits. Guyette, who was appointed to the board in January 1998,
Read moreLaw Debenture Corp. sees 2012 profits soar
1st Mar 2013 08:52
Investment trust group Law Debenture Corp. profits soared in 2012 as the company rebounded the previous year's slump. Pre-tax profits came to £78.61m last year, compared to loss of £2.19m in 2011. Net gain on investments held at fair value through profits rose to £59.25m from the previous year's
Read moreLaw Debenture sees NAV rise
22nd Jul 2011 09:04
Investment trust and fiduciary services provider Law Debenture saw its net asset value per share rise 30% in the first half of 2011 compared to the same period of 2010. The company has two distinct parts; the first is an investment trust, which is currently managed by Henderson Global Investors. I
Read moreFD's wife snaps up Micro Focus shares
3rd Mar 2011 16:51
The wife of Micro Focus International finance director Mike Phillips has taken advantage of the weak share price to invest £90,000 in the software provider's shares. Mrs Josephine Phillips has bought 29,139 shares at 308.86p each. That takes her stake to 69,139 shares. The shares were trading at
Read moreLaw Debenture beats the All-Share
1st Mar 2011 08:16
Investment trust and fiduciary services provider Law Debenture saw its net asset value per share (NAV) rise by more than a fifth in 2010, beating the performance of its benchmark index, the FTSE All-Share. NAV after the proposed final dividend of 8.5p (2009: 8.0p) rose to 342.92p at the end of 2010
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