GCP Asset Backed Income Fund Limited (GABI)

Sector:

Investment Firms

Index:

FTSE Small Cap

99.00p
   
  • Change Today:
    -0.60p
  • 52 Week High: 105.25
  • 52 Week Low: 88.80
  • Currency: UK Pounds
  • Shares Issued: 439.83m
  • Volume: 157,536
  • Market Cap: £435.44m
  • Beta: 0.04

Project Finance Investments agrees to £13.5m loan to build student housing

By Maryam Cockar

Date: Wednesday 24 Aug 2016

LONDON (ShareCast) - (ShareCast News) - Asset backed loans investor Project Finance Investments committed to a two-year loan to finance the construction of student accommodation in London.
A £13.5m loan was agreed to finance construction for private student residential accommodation for Queen May, University of London, which is expected be completed by the 2018/19 academic year.

The loan was secured by a subordinated charge against the property and was funded from the company's cash resources and from the net proceeds of its recent issue of C Shares, which over 50% has been invested so far.

Shares in Project Finance Investments rose 1.17% to 109.77p at close.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GABI Market Data

Currency UK Pounds
Share Price 99.00p
Change Today -0.60p
% Change -0.60 %
52 Week High 105.25
52 Week Low 88.80
Volume 157,536
Shares Issued 439.83m
Market Cap £435.44m
Beta 0.04

GABI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
16.82% below the market average16.82% below the market average16.82% below the market average16.82% below the market average16.82% below the market average
60.99% below the sector average60.99% below the sector average60.99% below the sector average60.99% below the sector average60.99% below the sector average
Income Not Available
Growth
71.67% above the market average71.67% above the market average71.67% above the market average71.67% above the market average71.67% above the market average
75.31% above the sector average75.31% above the sector average75.31% above the sector average75.31% above the sector average75.31% above the sector average

GABI Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 11-Nov-21 29-Jul-21
Paid 10-Dec-21 27-Aug-21
Amount 1.57p 1.57p

Trades for 07-Dec-2021

Time Volume / Share Price
16:35 3,241 @ 99.00p
16:35 392 @ 99.00p
16:29 39 @ 99.80p
15:47 10,000 @ 98.90p
14:41 700 @ 98.55p

GABI Key Personnel

Chair Alexander Anders Ohlsson

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