Market News - Page 778

Highlights
Net Asset Value total return +5.7% vs Benchmark +7.7%
Share Price total return +5.7%
Dividends for the year increased by 3.9% vs inflation of 2.4%
A yield of 3.7% on the year-end share price
Annualised volatility 5.7% compared with 9.2% for the FTSE All-Share Index
Revised Investment Objective and Policy with effect from 7 July 2017
Discount Control Mechanism – net issuance of £11.1m worth of Shares
Shares traded at a small premium to Net Asset Value for almost all of the period…

Joint Venture with Empresas AquaChile S.A. (the “JV”)
Placing to raise £19.0 million (before expenses)
Trading Update and Notice of Half Year Results…

Harworth Group plc (“Harworth” or the “Company”), the leading regenerator of land and property for development and investment, will be hosting an investor and analyst site tour today.

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Pressure Technologies plc (AIM: PRES), the specialist engineering group is pleased to announce that it has today agreed the sale of Hydratron Limited (“Hydratron”) (the “Disposal”), which comprises the Group's Engineered Products Division, to Pryme Group Limited for an initial cash consideration of £1.1 million (less costs and retentions). Additional consideration of up to £2.25 million may become payable in cash contingent on Hydratron's trading performance for the twelve month period to 31 May 2019….

Camellia Plc has today issued the following update on trading in the year to date.

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Accrol Group Holdings plc (the “Company” or “Accrol”), the AIM-listed leading independent tissue converter, notes that the open offer to raise up to £1.935 million described in the announcement dated 22 May 2018 titled “Open Offer” (the “Open Offer”) closed for acceptances at 11.00 a.m. on 6 June 2018 in accordance with its terms. The Company reports that it has received valid applications in respect of a total of 37,108,972 new ordinary shares of £0.001 in the Company (“New Ordinary Shares”), representing a percentage take up of 287.64 per cent. of the New Ordinary Shares available under the Open Offer….

Thames Water has today agreed to pay £65M back to customers as part of a
package of payments and penalties worth £120M. This follows an Ofwat
investigation which found that Thames Water's Board did not have sufficient
oversight and control of the company's leakage performance.
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Unaudited Preliminary Results for the year to 30 April 2018…