Aquila European Renewables has provided a Q4 update for the period ended 31 December 2023. The company saw a NAV total return of -2.6% while total shareholder return over the quarter was -4.1%, with the discount widening to 20.3%. Key drivers of the NAV movement in Q4 2023 were the impact of changes to Norway’s […]
As previously announced, Chrysalis (CHRY) continues to pursue legal action against Revolution Beauty Group based on misstatements and material omissions made by its management when CHRY originally invested in the company. In January 2024, following a letter of claim from CHRY, Revolution Beauty requested further time to formulate a response as the initial December deadline […]
QuotedData’s morning briefing 6 February 2024: Augmentum Fintech (AUGM) announced a £4 million investment into London based insurtech Artificial Labs. Augmentum has led Artificial’s £8 million Series A+ round, which also includes participation from existing investors MS&AD Ventures and FOMCAP IV, alongside other investors. Artificial is an established underwriting technology provider for the London Insurance […]
Location Sciences (LSAI) has announced the acquisition of Chrysalis (CHRY) portfolio company Sorted Holdings, for an aggregate nominal consideration of approximately £66.73 to be paid in cash at completion. The company is a SaaS business that supports retailers’ deliveries and collections which has received a significant amount of capital investment, in excess of £70m, to […]
abrdn Private Equity Opportunities Trust (APEO) announced its annual report for the period ended 30 September 2023. NAV total return for the year was 5.4% while share price total return was 11.5%, trailing the benchmark FTSE all-share index return of 13.8%. Commenting on the results, chair Alan Devine noted: “The past 12 months have been […]
European Opportunities Trust (EOT) announced the results of its tender offer to purchase up to 25% of the company’s ordinary shares in issue (you can read about the original announcement here). The offer was taken up in full and, after taking account of roundings, the company will purchase a total of 24,074,030 shares at the […]
In QuotedData’s morning briefing 31 January 2024: Henderson Smaller Companies Investment Trust (HSL) announced its results for the half year ended 30 November 2023. NAV total return fell by 7.7% during the six month period, while the benchmark Numis Smaller Companies ex-Investment Companies Index was almost flat, and the AIC UK Smaller Companies sector average […]
In QuotedData’s morning briefing 30 January 2024: Greencoat UK Wind (UKW) announced the appointment of Abigail Rotheroe as a non-executive director of the company. Her appointment will be effective from 1 March 2024. Abigail is a CFA Charterholder and brings over 20 years’ experience in the investment industry. She is the former investment director of […]
JPMorgan Multi-Asset Growth & Income (MATE) and JPMorgan Global Growth & Income (JGGI) have announced that the two companies have agreed heads of terms in respect of a proposed rollover of assets from MATE to JGGI. MATE shareholders will receive new shares in JGGI which will provide them with exposure to a diversified portfolio of […]
JPMorgan Emerging Europe, Middle East and Africa Securities (JEMA), formerly JPMorgan Russian Securities, announced its annual results for the period ended 31 October 2023. The company’s performance over the 12 month period was flat, however the managers point out that in the eight months from 1st March 2023 to 31st October 2023, the company’s net […]
