In QuotedData’s morning briefing 29 December 2020 –
- Supermarket Income REIT (SUPR) has bought a Waitrose supermarket in Market Harborough, Leicestershire from Alpha Real Estate for £9.1m. The investment represents a net initial yield of 4.3%, with an unexpired lease term of 19 years.
- Schroder British Opportunities (SBO) announced an investment into Graphcore, described as a leading machine intelligence semiconductor business. The investment is part of a $222m Series E funding round alongside Ontario Teachers’ Pension Plan, Fidelity International and existing Graphcore investors. Bristol-based Graphcore was founded in 2016 and has developed the Intelligence Processing Unit, a new type of microprocessor specifically designed from the ground up to meet the needs of current and next-generation artificial intelligence applications.
- Honeycomb announced the appointment of Joanne Lake as an independent non-executive director with effect from 1 January 2021. Joanne will also be appointed as a member of the audit and risk, management evaluation and remuneration and nomination committees of the board.
- Montanaro European Smaller Companies (MTE) updated on changes to its board. Following the impending retirement of Merryn Somerset Webb, on 31 December 2020, Gordon Neilly will chair the remuneration committee and Caroline Roxburgh will become senior independent director.