Alliance Trust buys back 2% of its shares per month - Citywire.co.uk
Tue, 05 Jul 2011 15:13The £2.7 billion trust survived a shareholder revolt at its annual general meeting (AGM) on 20 May when a third of investors voted for an automatic system to prevent the share price from falling more than 10% below its net asset value. ...
Sri Lanka stocks down 1.5-pct - Lanka Business Online
Tue, 12 Jul 2011 11:26July 12, 2011 (LBO) - Sri Lanka stocks slumped again Tuesday, dropping 1.54 percent amid continued forced selling with Softlogic Holdings falling below its Initial Public Offer (IPO) price on its trading debut. The main All Share Price Index closed at ...
Half-way positions in the 2011 Stockbroker Challenge - Manchester Evening News
Sun, 03 Jul 2011 23:52The other risers are InterContinental Hotels Group, selected by Anthony Fildes, of Savoy Investment Management, Alliance Trust, the choice of Mark Sheppard, of Midas Investment Management, and ITV, which was picked by the MEN's Simon Donohue. ...
ALTERNATIVE MANAGER OF THE YEAR | The Shortlist day 5 - CITY A.M.
Thu, 23 Jun 2011 23:46This year it took a 1.5 per cent stake in Alliance Trust, demanding it bring in a mechanism to control its 20 per cent share price discount. Five months and £50m of share buybacks later, the discount is 15 per cent or less and the share price has ...
British activist hedge fund Laxey rejects financing plan for Swissmetal - Opalesque
Tue, 12 Jul 2011 16:12It also asked directors to explain why UIS' share price was well below the net asset value of the shares, reported the Straits Times. Also, the UK's £3.2bn Alliance Trust recently won a battle with Laxey, who wanted to force changes. ...