In QuotedData’s morning briefing 29 April 2024: Literacy Capital (BOOK) has announced its Q1 2024 NAV as well as providing a quarterly trading update. It generated a NAV total return of 2.0%, an uplift of £6.0m (10.0p per share), bringing its NAV per share to 510.4p, or total NAV of £306.2m. BOOK had cash inflows […]
Menhaden Resource Efficiency (MHN) released its annual results today, for the 12 month period ending 31 December 2023. Over the 12 months MHN reported a NAV total return of 23.8% and share price total return of 12.6%. Both represented an outperformance versus MHN’s benchmark, RPI +3%, which returned 8.4% over the same period. The lower […]
Third Point Investors (TPOU) has released its annual results for the 12 months ending 31 December 2023. TPOU generated a NAV total return of 4.0% and a negative share price total return of -5.8%. This compared to the 24.4% return for the MSCI World Index and a 26.3% return for the S&P 500 Index over […]
Blackstone Europe, on the back of the recent firm offer by Concord Chorus for Hipgnosis’s (SONG) assets, has confirmed that it has made a series of proposals regarding a possible offer for the entire issued and to be issued share capital of Hipgnosis. Blackstone has announced that it has made a fourth proposal to acquire […]
In QuotedData’s morning briefing 22 April 2024: Menhaden Resource Efficiency (MHN) has announced that it has completed a new private investment with KKR in Avantus, the leading solar and energy storage developers in the United States. The initial investment of $17.5m equates to 10.0% of MHN’s NAV. The portfolio manager believes the deal is highly […]
Marble Point Loan Financing (MPLF) has released its annual results for the 12 months ending 31 December 2023. Over the 12 month period MPLF’s ordinary share class returned a NAV total return of 17.5%, while its liquidating share class returned 18.3%. MPLF’s portfolio value fell from $145.5m to 118.4m, however this was due to dividend […]
In QuotedData’s morning briefing 15 April 2024: Hg Capital Trust (HGT) has announced a £21.3m investment into Focus Group, alongside other clients of Hg. Focus Group is one of the UK’s leading providers of essential business technology to small and medium enterprises (SMEs). Hg believes that the long-term trends in small business technology adoption mean […]
Literacy Capital (BOOK) has announced, alongside its notice of its forthcoming AGM on 15 May, that it intends to propose a mechanism to return capital to shareholders through the issue and immediate redemption of bonus shares, known typically as B shares. This comes alongside a proposal to amend the AIFM Agreement, designed to ensure that […]
In QuotedData’s morning briefing 8 April 2024: Caledonia Investments (CLDN) has provided a quarterly NAV and portfolio update, for the period ending 31 March 2024, ahead of its full year results to be released in May. CLDN has a NAV of £3.0bn, equal to £53.69 per share, which represents a 12 month total return of […]
Golden Prospect Precious Metals (GPM) has released its annual results for the 12 months ending 31 December 2023. Over the 12 month period GPM’s net assets fell from £30.6m to £32.0m. This was primarily due to a fall in the fair value of its investments, with GPM reporting a £0.5m loss over 2023. Despite this […]
