HydrogenOne Capital Growth (HGEN) portfolio company Elcogen has announced a strategic investment for €45 million by Korea Shipbuilding & Offshore Engineering which is a member of HD Hyundai Group. The investment by HD Hyundai underscores both the company’s strategy of backing the leading innovators in the hydrogen industry, and its valuation of Elcogen. HD Hyundai’s […]
In QuotedData’s morning briefing 11 October 2023: Apax Global Alpha (APAX) announced that it has invested approximately €16.6m in Bazooka Candy Brands. Apax’s Internet/Consumer sector team, working in partnership with Bazooka’s management team, will look to stand the company up as an independent business and build on the success of Bazooka’s global portfolio of confectionery […]
HydrogenOne Capital Growth (HGEN) announced that portfolio company Gen2 Energy has signed a transaction term sheet with integrated midstream energy company SEFE Securing Energy for Europe GmbH for the delivery of green hydrogen to Germany in the event that Gen2’s planned production plant in Mosjøen proceeds. The transaction term sheet defines the terms and conditions […]
European Smaller Companies Trust (ESCT) has announced its annual report for the period ended 30 June 2023. NAV total return for the period was 16.4%, ahead of the benchmark Euromoney Smaller European Companies (ex UK) Index, which was up 10%. Share price total return was 13.6% with the discount now sitting at 14%. Following a […]
In QuotedData’s morning briefing 10 October 2023: Cordiant Digital Infrastructure Limited (CORD) announced that the acquisition of Speed Fibre DAC has been cleared under the United Kingdom’s National Security and Investment Act 2021. This clearance was required because an element of Speed Fibre’s network extends into Northern Ireland. Speed Fibre is Ireland’s leading open access […]
Henderson High Income Trust (HHI) and Henderson Diversified Income Trust ( HDIV) have announced a proposal to combine the two companies. The combination, if approved by each company’s shareholders, will be effected by way of a scheme of reconstruction and winding up of HDIV under section 110 of the Insolvency Act 1986 and the associated […]
Ruffer Investment Company (RICA) announced its annual report for the year ended 30 June 2023. The company’s share price total return over the 12 months was -7.2% while NAV total return was -1.7%, resulting in a widening of the discount which now stands at 4.4%. The performance reflects a year of two halves for RICA […]
In QuotedData’s morning briefing 3 October 2023: Rockwood Strategic (RKW) confirmed the resolution for a share sub-division was passed at its recent AGM. On 11 October 2023 this will result in each ordinary share of capital of the company being sub-divided into ten new ordinary shares. The aggregate value of the shareholdings will remain the […]
The directors of the Edinburgh Investment Trust (EDIN) announced that James de Uphaugh, the company’s portfolio manager, will retire in February 2024 after 36 years in the industry. James will continue to manage the company’s portfolio until February and will then be replaced as portfolio manager by his colleague Imran Sattar. As part of the […]
In QuotedData’s morning briefing 3 October 2023: Schroder British Opportunities Trust (SBO) announced that director Diana Dyer Bartlett has been appointed as senior independent non-executive director of the company, in addition to her role as chair of the audit & risk committee. Separately, the company has also decided to form a new valuations committee, to […]
