In QuotedData’s other news 17 October 2019
- Gore Street has expanded by £10.7m after raising an additional £9.5m from the NTMA and £1.2m from other investors.
- Hipgnosis Songs Fund raised £231m from its C share issue – that’s a lot of money but also quite a bit short of the £300m it said it was looking for.
- RM Secured Lending plans to place 10m shares at £1 per share with professional investors. The placing price is a small discount to the closing share price but a 2% premium to NAV.
- Schroder Japan Growth is switching to calculating its management fees on net rather than gross assets. By leaving the company’s debt out of the calculation, shareholders should see the fee drop by about 10%.