In QuotedData’s morning briefing 23 May 2023:
- Harmony Energy Impact’s (HEIT) NAV was 6.7% lower at end April (117.1p, down from 125.5p at end January) after it cut the power price forecasts used in its NAV calculation.
- Aberforth Smaller Companies (ASL) has renewed its £130m revolving credit facility with The Royal Bank of Scotland International for a further three years. The facility bears interest at a margin of 1.15% over the relevant reference rate and is due to expire on 15 June 2026. In addition, the company continues to have an existing £20m overdraft facility with Northern Trust for short term working capital requirements.