CC Japan subscription shares are here – CC Japan Income says today it has allotted 26,946,122 subscription shares to qualifying shareholders whose names were on the share register on 15 February 2021. Application has been made for the admission of the subscription shares to the standard segment of the official list and to trading on […]
Shareholders will vote on BH Global fees – BH Global’s board has been thinking about how to respond to the investment manager’s letter demanding a fee increase. The manager asked that the fee rate be increased from 1% to 2% and that this increased rate be applied unconditionally to the NAV, removing from the calculation the […]
A little late in the day, but Great Point Entertainment Income published its prospectus on Thursday 11 February and, as promised, here is a link to it. As the prospectus makes clear, access to the issue is subject to some geographical restrictions. Make sure you read these. As always, we aren’t recommending that you buy […]
LXI REIT looks to grow – LXI REIT hopes to raise £75m by way of an initial placing, open offer, offer for subscription and intermediaries offer for a target issue of up to 60,164,539 new ordinary shares at an issue price of 124.5p. The issue price represents a premium of 2.3% to the estimated NAV as at […]
JLEN Environmental expanding remit – JLEN Environmental hopes to widen what it is allowed to invest in. Shareholders need to approve the change. Under the planned revised investment policy, the company will continue to seek to achieve its investment objective by investing in a diversified portfolio of environmental infrastructure. However, the definition of “environmental infrastructure” […]
In QuotedData’s morning briefing 16 February 2021: GCP Student Living (DIGS) has terminated WeWork’s lease on the commercial space at Scape Shoreditch. The 50,000 sq ft Grade A space is just a two-minute walk from Old Street Underground. WeWork had £2.3m of rent arrears up to the end of 2020. GCP Student Living has collected £3.1m […]
NextEnergy Renewables publishes prospectus – NextEnergy Renewables has announced the publication of a prospectus in relation to its initial public offering (IPO). As promised, here is a link to the prospectus, which was published today. As the prospectus makes clear, access to the issue is subject to some geographical restrictions. Make sure you read these. As […]
Cordiant Digital raises £370m – Cordiant Digital Infrastructure Limited has successfully raised gross proceeds of £370m through its placing and offer for subscription of ordinary shares and issue of subscription shares at an issue price of 100p per ordinary share. Subscription shares will be issued to subscribers in the initial issue for nil value on the […]
St Peter Port Capital proposes auctioning off its remaining assets – the board of St Peter Port Capital Limited is considering auctioning off all the company’s assets and then returning the net cash proceeds to shareholders (less a small amount to cover the costs of an orderly liquidation). The shareholder consent for the appointment of a […]
In QuotedData’s morning briefing 15 February 2021: Tritax EuroBox (EBOX) has sold its asset in Lodz, Poland for €65.5 million, 15% above its most recent valuation at 30 September 2020 and, based on the company’s target gearing of 45%, delivering an attractive geared IRR of 16.5% to shareholders. They bought this is April 2019 and completed a […]
