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Sparks Team
11 March 2020

Plant Health Care (PHC); peptide product submitted for approval

Plant Health Care announced that it has submitted its application to the regulatory agencies in Brazil for approval to commercialise the company’s first peptide product, PHC279.

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Sparks Team
10 March 2020 · 2 min read

Tungsten Corporation (TUNG); YTD Q3-FY20 revenue increases 3% to £27.1m

Tungsten Corporation announced its trading update for the nine months ended 31 January 2020. Adjusted EBITDA increased 56% to £2.8m, while adjusted EBITDA margin increased to 10%. YTD Q3-FY20 recurring and repeatable revenue rose 6% to £25.4m, representing 94% of total revenues. The transaction volumes increased 7% to 14.4m.

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Sparks Team
10 March 2020

ICG-Longbow (LBOW); announces repayment of Pentavia loan

ICG-Longbow entered into a new £7.75m loan commitment secured by an industrial real estate in the North West. The loan carries a three-year maturity with an initial LTV ratio of 60.3%. The company’s £21.5m Pentavia loan is now repaid in full, following the successful completion of the business plan and the sale of the underlying property securing the loan.

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Sparks Team
10 March 2020

BioPharma Credit (BPCR); reports total net income of $122m

BioPharma Credit reported its annual results for the year ended 31 December 2019. It paid four dividends totalling $0.0718 per ordinary share for four quarters ended 30 September 2019 continuing to meet its dividend target of 7 cents per share. Ordinary share price declined to $1.0200 at 31 December 2019.

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Sparks Team
10 March 2020

EJF Investments (EJFI); announces share buy-back programme

At the 2019 AGM, a special resolution was passed granting the company authority to make market purchases of up to 10,426,623 ordinary shares, representing c. 14.99% of the ordinary shares in issue as of 14 May 2019, such authority to expire at the conclusion of the 2020 AGM or, if earlier, 31 July 2020.

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Sparks Team
9 March 2020

Euromoney Institutional Investor (ERM); acquires Census Commodity Data

Euromoney Institutional Investor has acquired 100% of Census Commodity Data, primarily operating through its brand AgriCensus and serving as a Price Reporting Agency (PRA) for the global agricultural commodity markets.

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Sparks Team
9 March 2020

Serco Group (SRP): signs £370m contract extension

Serco Group through its Australian subsidiary, announced that it has signed a six-year contract extension worth £370m with the Government of Western Australia to continue providing support services at Fiona Stanley Hospital in Perth, Western Australia.

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Sparks Team
9 March 2020

Standard Life Private Equity Trust (SLPE): announces interim dividend

Standard Life Private Equity Trust announced the first interim dividend of 3.3p per ordinary share for the year ending 30 September 2020.

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Sparks Team
9 March 2020

Globalworth Real Est (GWI); revenue increases 15.3% to €222.2m

Globalworth announced its condensed unaudited financial results for the year ended 31 December 2019. Net operating income increased 10.7% to €147.7m, while EPRA NAV per share increased 2.9% to €9.30 per share as of 31 December 2019. Combined portfolio value rose 23.7% to over €3.0bn.

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Sparks Team
6 March 2020

GCP Student Living (DIGS); total shareholder return at 24.3%

GCP Student announced its results for the six months ended 31 December 2019. The company generated a strong set of results in both absolute and relative terms. The EPRA NAV per share increased to 174.71p as of 31 December 2019, representing growth over the period of 5.6%. The company’s investment portfolio delivered a rental income of £24.6m and average rental growth of 4.4% year-on-year. Dividend for the period increased to 3.15p per share.

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