In QuotedData’s morning briefing 1 December 2020: Polar Capital Global Financials says that George Barrow has been appointed as joint fund manager of the trust, alongside Nick Brind and John Yakas. George joined Polar Capital in September 2010 and has over 10 years’ experience analysing Europe, Asia and emerging markets. Prior to joining Polar Capital, he […]
New IPO – Intuitive Investments – Intuitive Investments Group, a closed-end investment company focussed on the life sciences sector, announces its intention to seek admission of the entire issued and to be issued ordinary share capital of the company to the AIM market of the London Stock Exchange, and a conditional placing of 37,500,000 new ordinary […]
Gresham House Energy Storage completes Wickham project – Gresham House Energy Storage Fund has completed its investment in the 50MW battery project located near Wickham Market, Suffolk. Wickham follows GRID’s recent acquisition of the Thurcroft project (pictured) and was acquired for a total enterprise value of £32.75m (plus up to £0.75m of deferred contingent consideration). Wickham is a battery-only site […]
Custodian REIT buys Derby industrial units – Custodian REIT has acquired four industrial units covering an aggregate 23,250 sq ft on Hilton Business Park, Derby, one mile from the A50 which connects the M1 and M6. The units are occupied by M P Bio Science, Shakespeare Pharma and Jangala Softplay with a weighted average unexpired term to […]
In QuotedData’s morning briefing 30 November 2020: The Renewables Infrastructure Group raised £200m from its placing last week, and plans to issue 160m shares. The issue was oversubscribed. Technically, it might still not happen as the issue was done on the expectation that shareholders approve the issue of these shares at an EGM to be held […]
QuotedData’s weekly news show 27 November 2020 Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on youtube. In this week’s show, James Carthew covered the week’s top stories: Schroder British Opportunities IPO Nippon Active Value’s plan to bid for a company CC Japan’s plan to issue […]
Thanks to everyone that tuned into the ‘E’ for environmental day of our ESG conference this week. If you missed it, you can listen back to presentations by the AIC, Bluefield Solar, SDCL Energy Efficiency and Jupiter Green here. Next Tuesday it is the turn of ‘S’ for Social. The line-up for the social day […]
LXi buys store portfolio – LXi REIT reports the acquisition of 11 foodstores and two discount stores from five different vendors/developers for a total cost of £61m. The stores have been acquired at an average net initial yield of 5.7% (net of acquisition costs) and with a strong and diversified tenant base in the form of Aldi, […]
CC Japan plans subscription share issue – CC Japan Income & Growth Trust says that it is considering a bonus issue of subscription shares to existing shareholders, on the basis of one Subscription Share for every five ordinary shares held. The company intends to publish a prospectus and circular in connection with the bonus issue in […]
Aberdeen Standard Equity Income hit hard by COVID – Aberdeen Standard Equity Income reports an NAV return of -25.7% for the year ended 30 September 2020 and a share price return of -29.4%. These compare to a return on the All-Share of -16.6%. Revenue per share fell from 21.7p to 15.6p (dividends distributed by companies in […]
