Market Tracker weekly round-up—27 January 2017

Market Tracker weekly round-up—27 January 2017
Weekly round-up of the latest corporate announcements, including an IPO by Impact Healthcare REIT plc, a joint venture between Beximco Pharmaceuticals Limited and BioCare Manufacturing (M) Sdn Bhd, a reorganisation by Liontrust Asset Management Plc, a return of value to shareholders by Mortgage Advice Bureau (Holdings) plc; secondary offers by Countryside Properties plc, McBride plc, Kromek Group plc, SDX Energy Inc, and Oakley Capital Investments Limited; a LR/AIM Rules transaction by Rio Tinto plc and AGM notices from Watkin Jones plc and RWS Holdings plc.

New deals announced:

AGMs

Announcement date Company Key information
24 January 2017 Watkin Jones plc Watkin Jones has announced that its 2017 AGM will be held on 16 February 2017.
23 January 2017 RWS Holdings plc RWS Holdings has announced that its 2017 AGM will be held on 14 February 2017.

IPOs

Announcement date Company Key information
24 January 2017 Impact Healthcare REIT plc Impact Healthcare REIT announced its intention to undertake an initial public offering of its shares on the specialist fund segment of the main market of the London Stock Exchange.
The company is targeting the issue of ordinary shares for £160 million by way of a placing, an offer for subscription and a vendor Issue. It is expected that a prospectus in respect of the Issue will be published today.

Joint ventures

Announcement date Parties Key information
25 January 2017 Beximco Pharmaceuticals Limited and BioCare Manufacturing (M) Sdn Bhd Beximco Pharmaceuticals has announced the creation of a 30:70 joint venture with BioCare Manufacturing.Under the terms of the joint venture, Beximco Pharmaceuticals will provide full technical support to BioCare Manufacturing for the establishment of manufacturing facilities in Seri Iskandar Pharmaceutical Park, Perak, Malaysia to produce specialised pharmaceutical products. Beximco will be issued 30% of the equity shares in the JV company.  BioCare will operate and fund the facility.

LR/AIM Rules transactions

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Announcement date Company Key information

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