Middlefield Canadian Pref

The UK financial regulator FCA has temporarily suspended the securities of Middlefield Canadian Income PCC from the Official List with effect from Thursday at 08:30. Affected are the redeemable, profit-participating preference shares with A rights (ISIN JE00BTNNPW55) and B rights (ISIN JE00BTNNPV49), which are admitted to trading on the London Stock Exchange. The suspension was made at the company's request; reasons and the expected duration were not disclosed. » Więcej na de.investing.com

Shareholders of Middlefield Canadian Income PCC gave the green light to the restructuring and winding‑up plan at the meetings with over 99% of the votes, on a turnout of around 30.8%. Investors can choose either a cash payment of 139.79 pence per share or about 0.27 units of a newly launched actively managed ETF; the ETF units are expected to begin trading on 23 October. The fund’s listing will be suspended on 23 October and shortly thereafter cancelled, with payments planned for the week commencing 3 November; liquidators have set aside reserves including £100,000 for contingent liabilities. » Więcej na de.investing.com

Middlefield Banc Corp delivered stable financial performance in the first quarter of 2025, with a solid net interest margin and strong asset quality. The bank is focusing on organic growth and strategic acquisitions in economically dynamic regions of Ohio, particularly around Columbus, and emphasizes its commitment to shareholder returns through dividends and share buybacks. Its positioning in high-growth markets and conservative credit management are intended to strengthen the bank for future challenges. » Więcej na de.investing.com