Value and Indexed Property Income Trust (VIP) announced its annual report for the year ended 31 March 2024. The company saw a NAV total return of -9.7%. The discount to net asset value also widened, resulting in a share price total return of -10.3%. Since the year end on 31 March 2024, however, the share […]
Odyssean Investment Trust (OIT) announced its annual results for the year ended 31 March 2024. The company saw a NAV total return of -3.7%, trailing the benchmark return of 3%. Shares fell -5.2% with the discount widening to 0.7%. The manager noted that the company’s performance reflected markets and volatility driven by stock specific issues. […]
Oakley Capital Investments (OCI) announced that the Oakley Capital Fund V has exclusivity over acquiring a co-controlling stake in I-TRACING, the leading independent provider of cyber security services in France. OCI’s indirect contribution via Fund V is expected to be up to c. £39m, which relates to OCI’s share of Oakley’s investment in I-TRACING. Full […]
The Fidelity China Special Situations (FCSS) announced its annual report for the period ended 31 March 2024. During the year, the company reported a NAV total return of -16.3% and an ordinary share price total return of -16.4%. This was ahead of the benchmark Index, the MSCI China Index, which returned a total return of […]
In QuotedData’s morning briefing 11 June 2024: The US Solar Fund (USF) will purchase in aggregate 24,358,974 shares under its previously announced tender offer at a price of $0.764 per share. This is the maximum number of shares to be acquired, representing approximately 7.33% ($19m) of the issued share capital of the company. VietNam Holding […]
Seraphim Space Investment Trust (SSIT) announced its third quarter results for the three-month period ended 31 March 2024. The company saw a NAV total return of 0.8% for the period, a portfolio valuation increase of 1.4%, and a significant jump in the share price of 43%. The strong return was driven by a number of […]
Edinburgh Worldwide (EDIN) has announced its interim results for the six months to April 20 2024. The company’s NAV increased by 6.4% while the comparative index increased by 15.0%. The share price increased by 13.6% leading to a narrowing of the discount which was 11.49% at the time of publishing. The largest positive contributors to […]
Downing Strategic Micro-Cap Investment Trust (DSM) announced its annual results for the year ended 29 February 2024. In November 2023 the board and manager announced the managed winddown of the company and the intention to return at least 20% of NAV to shareholders in early 2024. Since then, authority to change the mandate of the […]
The boards of Foresight Sustainable Forestry Company (FSF) and Averon Park Limited are pleased to announce that they have reached agreement on the terms of a recommended acquisition. Arizona Bidco, a wholly-owned indirect subsidiary of Averon Park, will acquire the entire issued and to be issued ordinary share capital of FSF that the Averon Park […]
In QuotedData’s morning briefing 29 May 2024: CT UK Capital and Income Investment Trust (CTUK) announced its interim results for the six months to March 31 2024. The company’s NAV total return was 12.9%, outperforming its benchmark index which returned 6.9% over the same period. The share price total return was 9.5%. The dividend for […]
