In QuotedData’s morning briefing 30 April 2024:
- Gulf Investment Fund (GIF) says that the 1,157,160 shares that were tendered last month were valued at $2.5088 each or $2,903,083. Those investors that sold will get paid around 15 May 2024.
- Now that the sale of abrdn’s European private equity business to Patria Investments is complete, abrdn Private Equity Opportunities (APEO) is now Patria Private Equity Trust (PPET – although the ticker will not change until tomorrow). The chairman Alan Devine said “This is an exciting period for the company as we continue to rely upon the existing attributes of our Manager whilst also reaping the benefits of Patria’s wider geographical reach and private equity experience thus enabling us to build upon the company’s growth and performance since its establishment in 2001.”
- River and Mercantile UK Micro Cap (RMMC) has called an EGM to approve a change of its name. Rather oddly, it has not said what to [perhaps you could send suggestions on a postcard to their offices] but that will hopefully be revealed once the formal EGM notice is published. The manager recently changed its name to River Global.