In QuotedData’s morning briefing 18 June 2025, Capital Gearing is holding an retail investor presentation, Augmentum Fintech has published additional information for its upcoming capital markets day, BBGI is delisting on 19 June, Residential Secure Income has published interims, and Derwent London has completed a lease extension and expansion.
- Capital Gearing Trust has announced that its investment manager, CG Asset Management, will deliver a live investor presentation via the Investor Meet Company platform on 8 July 2025 at 10:30am BST. Alastair Laing (CEO) and Emma Moriarty (portfolio manager) will present the second quarter 2025 update, covering recent performance and the impact of ongoing market volatility and macroeconomic developments. A live Q&A session will follow the presentation. The event is open to all existing and prospective shareholders and questions can be submitted in advance until 9am on 7 July, or during the event. Investors can register for free via the Investor Meet Company platform (click here).
- Augmentum Fintech (AUGM) has published additional details for its upcoming Capital Markets Day, to be held on 2 July 2025, for institutional investors and analysts. Emma Reynolds, Economic Secretary to the Treasury, will deliver the keynote address, commenting on fintech’s strategic importance to the UK economy. The agenda features two expert panels: one on the impact of AI on wealth management, featuring Megan Caywood Cooper (Caywood) and Madeleine Debney (Otto), and another on London’s tech IPO landscape with Julia Hoggett, CEO of the London Stock Exchange, in conversation with Augmentum Chairman William Reeve. Presentations will also be given by senior figures from several Augmentum portfolio companies, including Tide, Zopa, iwoca, XYB, Artificial, and RetailBook. Attendees can register by emailing [email protected].
- BBGI Global Infrastructure (BBGI) has confirmed that its shares will be delisted from the Official List and trading on the London Stock Exchange’s main market will be cancelled at 8am on Thursday 19 June 2025.
- Residential Secure Income (RESI), which is going through a managed wind down, has reported half-year results for the six months to 31 March 2025 in which its EPRA net tangible assets (NTA) fell another 12% to 66.0p. Valuations continued to be impacted by elevated gilt yields, down 4.8% on a like-for-like with a 32bps (basis points) outwards yield shift. The company says that EPRA NTA adjusted for sales costs and debt breaks was 70.2p per share, representing a maximum realisable value that would be distributable to shareholders if properties were sold at their book value and debt was broken on 31 March 2025. Adjusted earnings grew 15% due to a combination of top line inflation linkage of rental income and reduced operational and finance costs, which delivered a 134% dividend coverage.
- Derwent London (DLN) has completed a lease extension and expansion with long-standing occupier Adobe at its White Collar Factory office in the City of London. Driven by its evolving workforce requirements, Adobe has expanded its footprint by 25% to 67,000 sq ft, leasing an additional 13,400 sq ft. In addition, Adobe has reaffirmed its long-term commitment to the building, extending their occupation to 2038 (with a break in 2033). The overall rent has increased to £4.5m, with the new rent agreed ahead of December 2024 ERV. DLN says that Adobe’s decision demonstrates the value that occupiers place on high-quality offices with amenities.
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