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Sparks Team
15 February 2019 · 2 min read

Royal Bank of Scotland (RBS); announced Friday plans to pay shareholders a special dividend of 7.5p

The bank said costs had been reduced by £278m, thanks to an increase in digitization

Royal Bank of Scotland announced Friday plans to pay shareholders a special dividend of 7.5p per share. At the same time, the lender reported a 50% increase in pretax operating profit for the full year to £3.4bn and a final ordinary dividend of 3.5p a share.

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Sparks Team
15 February 2019 · 1 min read

Segro (SGRO); looking to raise about £450m through an equity placing

Segro posted a 24.4% increase in adjusted pretax profit

Property company Segro is looking to raise about £450m through an equity placing to fund new developments. The company is planning to issue new ordinary shares at 10p apiece. Chief Executive Officer David Sleath said Segro is on course to invest over £600m in development projects and land purchases this year.

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Sparks Team
15 February 2019 · 2 min read

Brunner Investment Trust (BUT); declares final results for year ended 30 November 2018

EPS up by 7.1%, from 18.4p to 19.7p, for the year

Brunner Investment Trust declared its final results for the year ended 30 November 2018. The company proposed a fourth and final dividend of 6.00p per share, which will be paid on 5 April 2019 to its shareholders. NAV per ordinary share was up 2.7%.

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Sparks Team
15 February 2019 · 2 min read

PowerHouse Energy Group (PHE); reports ongoing commercialisation of DMG® process

The company expects a formal contract with at least one customer in the subsequent quarter.

Level of interest in PowerHouse proprietary DMG® process from potential customers, development partners and engineering, procurement and construction (EPC) contractors improved significantly in the previous quarter. The company is progressing several potential deals in parallel and receiving strong interest from over 12 site owners to establish DMG® units, once the first unit has proven itself.

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Sparks Team
14 February 2019 · 1 min read

Standard Life Private Equity Trust (SLPE); estimated NAV at 411.2p per share for 31 January 2019

The estimated NAV at 31 January 2019 represents a decrease of 3.9% per share against the previous month

Standard Life has announced its estimated NAV at 411.2p per share for 31 January 2019 (31 December 2018: 427.9p per share). In January, the company received £4.1m of distributions and paid £2.7m of drawdowns. Outstanding commitments stood at £375.3m as of 31 January 2019.

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Sparks Team
14 February 2019 · 2 min read

WANdisco (WAND); receives Advanced Technology Partner status with Amazon Web Services

The company had a strong end to the year, winning contracts across its end markets and partners

WANdisco has received the Advanced Technology Partner status with Amazon Web Services in the AWS Partner Network (APN). This designation is the highest tier for technology partners.

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