AVI Global posts returns double those of benchmark – for the year ended 30 September 2021, AVI Global Trust delivered a return on NAV of 36.2%, just about double the 18.8% return generated by its MSCI All Country World ex US Index benchmark. Shareholders benefited from a narrowing of the discount from 9.3% to 6.7% […]
In QuotedData’s morning briefing 9 November 2021: AVI Global (AGT)’s asset manager says that “it and three other shareholders collectively owning over 18 per cent. of the ordinary shares requisitioned the [Third Point Investors (TPIL)] board on 2 November 2021 to convene an extraordinary general meeting (EGM) of TPIL at which shareholders will be asked […]
Over 70% of Aberdeen New Thai shares opted for cash – In advance of the planned combination of the assets of Aberdeen New Thai with abrdn China Investment Company. shareholders in Aberdeen New Thai have made the following elections (including deemed elections – eligible shareholders that made no election were deemed to have elected for […]
New Asian renewables fund – ThomasLloyd Energy Impact ThomasLloyd Energy Impact Trust (TLEI) is aiming to raise up to $340m for a new fund established to invest in a diversified portfolio of unlisted sustainable energy infrastructure assets in fast-growing and emerging economies in Asia. There will be a placing, offer for subscription and intermediaries offer […]
Syncona backs launch of Clade Therapeutics – Syncona was the lead investor in the $87m Series A financing of Clade Therapeutics, a new cell therapy company. Syncona’s commitment was $30m and the first tranche of that – $15.0m – has been invested already. Syncona’s stake in the company is 22.6% (assuming all commitments are invested). […]
In QuotedData’s morning briefing 4 November 2021: Tufton Oceanic (SHIP) plans to issue up to 28,057,140 shares at $1.39 via a placing. The money raised will be used to fund the purchase of additional ships. The number of shares is 10% of the existing issued share capital. The issue price is 1.4% discount to the […]
Atrato Onsite Energy has published its prospectus You can access this here Application forms are towards the back of the document. Access to the IPO is restricted by geography. In particular, you should not be accessing this from the USA. Please ensure that you read the prospectus including the risk warnings before making an investment. ROOF […]
Greencoat buys stake in offshore wind farm, launches £200m fundraise – Greencoat UK Wind has agreed to acquire a 25% stake in Burbo Bank Extension offshore wind farm from AIP. The purchase is being made in partnership with a number of pension funds investing through Greencoat Renewable Income LP, a fund also managed by Greencoat Capital. […]
Schroder BSC targets £26m fundraise – Schroder BSC Social Impact Trust announced on 28 August 2021 that it intended to consult with investors regarding the potential for an equity issue. The board is now announcing that it is proposing to issue up to 25m new ordinary shares by way of a placing at 105p per […]
Round Hill deal with Supertramp – Round Hill Music Royalty Fund has entered into a long-term agreement to administer 100% of the neighbouring rights income, generated from the master recordings, of three long-standing members of the British rock group, Supertramp. The catalogue includes: 39 original recordings. Numerous timeless hits such as “The Logical Song”, “Take the […]