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QuotedData’s morning briefing 31 May 2024 – NAS, USF

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In QuotedData’s morning briefing 31 May 2024:

  • North Atlantic Smaller Companies (NAS) has announced that an amendment has been made to its final results announcement that was released on 10 May 2024. Specifically, Christopher Mills holding in NAS was wrongly stated in the Directors’ Interests table on page 35 of the Annual Report. The correct holding is 3,817,424 shares. All other details remain unchanged.
  • The manager of US Solar Fund (USF), Amber Infrastructure Group is to merge with Boyd Watterson Asset Management, a real estate and fixed income investment manager in the United States, through a strategic transaction, to create a leading global alternatives investment platform with assets under management of approximately $35bn. The transaction remains subject to Financial Conduct Authority and other regulatory approvals. It is anticipated that the combined platform will create opportunities for Amber to build upon its growing presence in the US and globally. Amber Infrastructure Investment Advisor, LLC will continue to act as the Company’s Investment Manager and there will be no changes to the management of USF. In addition, Amber will continue to hold its 5 million shares in the USF.

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Matthew Read
Written By Matthew Read

Head of Production and Senior Research Analyst

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