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(AURR.L) Aurora Russia Ltd Buy/Sell
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Summary
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| Date/Time | Headline | Source |
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| 21-01-10 | RNS |
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RNS Number : 9321F Aurora Russia Limited 21 January 2010 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
of existing shares to which voting rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
notification obligation: iii
4. Full name of shareholder(s)
(if different from 3.):iv
which the threshold is crossed or
reached: v
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible using
the ISIN CODE
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi N/A
Proxy Voting:
to hold:
voting rights:
Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in share A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information For notes on how to complete form TR-1 please see the FSA website. This information is provided by RNS The company news service from the London Stock Exchange END
HOLPGUPCGUPUGWG More |
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| 21-01-10 | RNS |
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RNS Number : 9321F Aurora Russia Limited 21 January 2010 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
of existing shares to which voting rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which
voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
notification obligation: iii
4. Full name of shareholder(s)
(if different from 3.):iv
which the threshold is crossed or
reached: v
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
if possible using
the ISIN CODE
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Total (A+B+C)
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi N/A
Proxy Voting:
to hold:
voting rights:
Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in share A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information For notes on how to complete form TR-1 please see the FSA website. This information is provided by RNS The company news service from the London Stock Exchange END
HOLPGUPCGUPUGWG More |
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| 12-01-10 | RNS |
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RNS Number : 4386F Aurora Russia Limited 12 January 2010 12 January 2010
AURORA RUSSIA LIMITED ('the Company') Completion of OSG Investment Agreement Aurora Russia Limited announces that the OSG Investment Agreement, as described in the Company's announcement of 17 December 2009, has completed.
Enquiries
Aurora
Martin Smith Patrick Robb
Rupert Krefting Nathan Brown This information is provided by RNS The company news service from the London Stock Exchange END
MSCQLLFFBFFXBBD More |
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| 12-01-10 | RNS |
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RNS Number : 4113F Aurora Russia Limited 12 January 2010
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
attached:
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify):
4. Full name of shareholder(s) (if different from 3.):
which the threshold is crossed or reached:
reached: 8. Notified details: A: Voting rights attached to shares
if possible using
the ISIN CODE
GB00B0Z52Y71
B: Qualifying Financial Instruments Resulting situation after the triggering transaction
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Total (A+B+C)
Number of voting rights Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting:
13. Additional information:
15. Contact telephone number: +44(0)1481 710607 This information is provided by RNS The company news service from the London Stock Exchange END
HOLGGUWUGUPUGPP More |
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| Date/Time | Subject | Author | ||
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| 11-01-10 | ||||
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Recent weakness in share price probably due to:
- recent placing - larger investors were able to acquire an additional £7m of shares at £0.40 each so they didn't need to go to market to increase their stake - placing may have discouraged some trading until its successful completion - this share is illiquid so MM can drop the price easily on small trades OSG acquisition appears to be a positive development. On my back of envelope calculations shown below the change in the minority discount and control premium enhances value by £5.5m over and above the additional cash value invested in OSG: Original investment of £8m (equity + debt) was most recently valued at £12.9m in Sept 2009. New investment in January 2010 is £12.4m to bring diluted ownership up to 92% (if also include convertibles and additional planned management option scheme dilution). If assume only 92% of this money accrues to NAV then have £11.4m. If deduct the 10% minority control discount then have £10.26m to add to the £12.9m existing stake = £23.16m. If then remove the 10% minority control discount get £25.7m. And if then add control premium of 20% then get £30.8m or another £5.5m or 4.89 pence per share |
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| 08-01-10 | ||||
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Any reason why AURR has slipped back in the last few months when most of the news out of Russia seems very positive?
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| 03-12-09 |
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Kingfisher (owner of Castorama), one of Superstroy's competitors in the Russian market, posted its latest Q3 trading update today. Kingfisher reported sales in Russia up 10.5% in a slow market and have opened one store since their previous quarterly results.
Castorama now have 9 stores, 81,000 sq.m. of selling space and 1,750 full-time employees. So Castorama now appear to be close to double the size of the Superstroy large format stores. It's not clear to me to what extent Castorama's 10.5% reported Russia sales increase is boosted by the addition of the additional store or stores that have opened over the past 12 months, which may be boosting their Russian sales results. Hopefully, Aurora will have similar positives to report about its investee company's, Superstroy's, sales in Aurora's forthcoming NAV update on their investments which I think is due in mid-December. Source: Kingfisher Q3 trading update: http://www.advfn.com/p.php?pid=nmona&cb=1259830461&article=40616208&symbol=L%5EKGF |
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| 14-11-09 | ||||
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They have not been approved or issued by Interactive Investor Trading Limited.
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