Market News - Page 896

AGM Statement November 2016

A & J Mucklow Group Plc, the Midlands specialist Real Estate Investment Trust, announces a trading update for the period from 1 July 2016 to 14 November 2016 to coincide with its Annual General Meeting this morning….

McKay Securities PLC, the Real Estate Investment Trust (REIT) specialising in South East and London office and industrial property, today announces its half year results for the six months ended 30 September 2016. …

As of the 31st October 2016, the Company held 23 private debt investments and 13 infrastructure bonds for a total of 36 investments across 8 sectors and 20 subsectors, which are collectively valued at GBP466.9m including accrued interest, with an annualised yield-to-maturity (or yield-to-worst in the case of callable bonds) of 8.7% and a weighted average life across the acquired portfolio of approximately 4.8 years….

Devro plc (“the Group”), one of the world's leading manufacturers of collagen products for the food industry, today issues a trading update for the period 1 July 2016 to the current date (“the period”)….

The Board of Sprue is pleased to provide an update on a number of recent developments.

LAUNCH OF NEW WI-SAFE CONNECT PRODUCT RANGE

Sprue recently launched its new Wi-Safe Connect product range at Europe's largest safety and security show in Essen, Germany to positive customer feedback. Wi-Safe Connect is an innovative and intelligent, cloud-based alarm notification and network management system which utilises the Intamac source code acquired by the Company in September 2016.
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The Board, having considered the Offer together with its financial adviser Rothschild, has no hesitation in unanimously concluding that the Offer is wholly inadequate and very substantially undervalues the Company, its unique position and its future growth potential….

Benchmark, the aquaculture biotechnology and food chain sustainability business, announces that it expects Group performance for the year ended 30 September 2016 to be in line with the Board's expectations.

The integration of INVE is on plan, with the key account management programme progressing well and work on the first co-developed products has commenced. …

The Board of M. P. Evans notes the announcement by KLK earlier today relating to an unsolicited offer to acquire the entire issued share capital of the Company at a price of 640 pence per M. P. Evans share (the “Offer”)….