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QuotedData’s other news 21 June 2019

In QuotedData’s other news 21 June 2019 –

  • Adamas Finance Asia will quote its shares in sterling rather than dollars with effect from 24 June. Its board believe that this will make its shares more accessible for UK investors by eliminating their need to consider the prevailing exchange rate between US Dollars and Pounds Sterling when making investment decisions. The company’s financial statements will continue to be presented in US Dollars.
  • BBGI raised £75m from its fundraise through the issue of 49,019,601 new ordinary shares at 153.0p.
  • NewRiver REIT announced that the BRAVO joint venture that it announced on 23 May is up and running
  • Target Healthcare REIT is moving its tax domicile to the UK

In addition – Marwyn Value Investors could see a decent uplift in its NAV following a bid for its largest investment and we report back on a meeting with Harbourvest Private Equity.

James Carthew
Written By James Carthew

Head of Investment Company Research

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