GCP Infrastructure reduces its debts with the settlement of an audit dispute and International Public Partnerships declares its first ever quarterly dividend.

GCP Infrastructure (GCP) has settled a contractual dispute relating to the audits of the accreditation of a solar portfolio under the renewables obligation certification regime. Terms are confidential but the £667m company will use the proceeds to reduce borrowing, which will fall to around £10m from £36m at 30 June. There is no impact on net asset value which dipped 0.14p to 102.14p per share in the second quarter.

International Public Partnerships (INPP) has declared its first quarterly dividend of 2.14p per share and reconfirmed its intention to pay 8.58p and 8.79p in the 2025 and 2026 financial years. The £2.3bn infrastructure fund, which announced this week a £250m investment over five years in the construction of Sizewell C nuclear power stations, previously paid two dividends a year. The shares yield 6.7% and stand on a 12.6% discount.

Shareholders in Augmentum Fintech (AUGM) approved the unwinding of its internalised management structure at yesterday’s annual general meeting with 99.4% of votes in favour.

The chair and a non-executive director of Supermarket Income REIT (SUPR) have bought more shares in the company. Nick Hewson bought 41,000 at 77.8p at a cost of £31,898 taking his total holding to 1,446,609 shares. Sapna Shah, the senior independent director, spent £49,621 on 63,945 shares at 77.6p. Her total holding is now 182,807 shares. The £984m company recently switched from the closed-end funds category to the equity share class on the London Stock Exchange.

Athelney (ATW), a £4m UK smaller companies trust managed by Dr Manny Pohl, its biggest shareholder, saw net asset value (NAV) rise 0.6% to 187.2p per share in the first half of the year. Including the final dividend of 7.6p, the company returned a total of 8.7p. At 30 June the shares yielded 5.9% and at 165p stood at an 11.9% discount to NAV.