In QuotedData’s other news 20 September 2019 –
- Tufton Oceanic Assets today announced that it has raised gross proceeds of $31m through a placing. The company invests in a portfolio of secondhand commercial sea-going vessels.
- Further to announcements made earlier this month with regard to a proposed placing, Merian Chrysalis says that indicative orders significantly in excess of £100m have been received from a wide range of high quality institutional and other investors. As a result, it expects the final funds raised under the placing to be well in excess of £100m. We discussed the company and the placing in more detail earlier this month – click here to read the story.
- Aberdeen smaller companies income trust reported results covering the six months to 30 June 2019. Over the period, the trust strongly outperformed its benchmark, the FTSE smaller companies index (excluding investment trusts), returning 18.1% on a NAV basis compared to the index return of 6.1%. The trust’s share price increased by 30.6% in the period, with the discount to NAV narrowing to 13.3%.
We also have stories on US Solar‘s inaugural interim results, interim results from Middlefield Canadian Income, annual results from Ruffer, a EUR64m Spanish deal from SDCL Energy Efficiency Income, annual results from City of London and a round of acquisitions by Stenprop.