Expansion, Share Transaction Notifications, Appointment, Portfolio Acquisitions, and Business Partnerships - Analyst Notes on Merlin, Ashmore, BlueCrest AllBlue Fund, SEGRO and St. Modwen
LONDON, June 13, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Earnings Review released its analysts' notes regarding Merlin Entertainments Plc (LON: MERL), Ashmore Group Plc (LON: ASHM), BlueCrest AllBlue Fund Limited (LON: BABS), SEGRO Plc (LON: SGRO) and St. Modwen Properties Plc (LON: SMP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3712-100free.
Merlin Entertainments Plc Analyst Notes
On June 1, 2014, Merlin Entertainments Plc (Merlin) announced the opening of its 102nd global attraction, and the first in China's capital city -- Madame Tussauds Beijing. The Company stated that Beijing is its 16th Madame Tussauds global attraction, and 4th in China - joining those in Shanghai, Hong Kong and Wuhan. The Company informed that the decision to take Madame Tussauds to Beijing was taken in view of the city's continued economic growth and overwhelming hunger for western brands. Madame Tussauds Beijing was opened by Chinese actress Carina Lau, together with Pan Shi Yi, a Chinese business magnate who has played a key role in supporting Merlin in bringing the attraction to the City. Rain Wang, General Manager, Madame Tussauds Beijing, said, "My team and I are all delighted and excited to be opening Madame Tussauds in the heart of Beijing." The full analyst notes on Merlin are available to download free of charge at:
http://earnings-review.com/3712-MERL-13Jun2014.pdf
Ashmore Group Plc Analyst Notes
On May 28, 2014, Ashmore Group Plc (Ashmore) issued a notification in compliance with DTR 3.1.2R to inform about the transactions conducted by Directors/Persons Discharging Managerial Responsibility (PDMR) and their connected persons relating to their holding of Ordinary Shares of 0.01 pence each in the Company. The Company informed that on May 27, 2014, Thomas Adam Shippey's (PDMR) spouse Antonia Fay Shippey (the connected person) sold 87,500 ordinary shares of the Company at a price of 352.726 pence. The full analyst notes on Ashmore are available to download free of charge at:
http://earnings-review.com/3712-ASHM-13Jun2014.pdf
BlueCrest AllBlue Fund Limited Analyst Notes
On June 3, 2014, BlueCrest AllBlue Fund Limited (BlueCrest AllBlue Fund) announced the appointment of Steve le Page as an independent non-executive director and as Chairman of the Audit Committee with effect from June 3, 2014. The Company informed that Steve has a deep knowledge and wealth of practical experience of financial and governance reporting, auditing, internal control and investment fund structures together with a strong awareness of tax and regulatory issues. Steve, a Chartered Accountant and a Chartered Tax Advisor, retired from partnership with PwC in the Channel Islands on September 27, 2013. The full analyst notes on BlueCrest AllBlue Fund are available to download free of charge at:
http://earnings-review.com/3712-BABS-13Jun2014.pdf
SEGRO Plc Analyst Notes
On May 30, 2014, SEGRO Plc (SEGRO) announced the completion of €286 million of the €472 million portfolio acquisition within SEGRO European Logistics Partnership (SELP), in which SEGRO owns a 50% interest. According to the Company, completion on the remaining assets is expected within the next three months, after resolution of certain outstanding regulatory approvals. SEGRO informed that the current contracted annualized net rental income associated with the assets completed is €20.0 million. The full analyst notes on SEGRO are available to download free of charge at:
http://earnings-review.com/3712-SGRO-13Jun2014.pdf
St. Modwen Properties Plc Analyst Notes
On June 4, 2014, St. Modwen Properties Plc (St. Modwen) announced that it has partnered with M&G Real Estate to expand the size of its Trentham Lakes distribution facility in Stoke on Trent occupied by Screwfix, a multi-channel trade retailer. The Company informed that Screwfix distribution facility at St. Modwen's Trentham Lakes site will be doubled in size from 320,000 sq ft to 630,000 sq ft, enabling Screwfix to consolidate and grow its existing operations, safeguarding the current 430 positions and creating 100 additional full time jobs in the area. Euan Lindsay, Senior Development Manager, St. Modwen, said, "The decision to expand the Screwfix facility at Trentham Lakes highlights the success of the existing facility and Kingfisher's confidence in the location of both Trentham Lakes and Stoke-on-Trent for logistics operations." The full analyst notes on St. Modwen are available to download free of charge at:
http://earnings-review.com/3712-SMP-13Jun2014.pdf
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