JLEN gets diversified exposure to new build assets – JLEN has made a €25m commitment to Foresight Energy Infrastructure Partners SCSp (“FEIP”), a Luxembourg limited partnership investment vehicle. The majority of the partnership’s investments will be in construction-stage European renewable energy generation infrastructure such as wind farms and solar parks, and FEIP will also have an […]
GRIT Real Estate completes on Senegal hotel Club Med Cap Skirring Hotel GRIT will end up paying €16.2m for the Club Med Cap Skirring hotel in Senegal. A completion agreement was signed on 27 January 2020 with Club Med SAS and the fund took transfer of the shares in the controlling company and effective ownership […]
Invesco Income Growth faces continuation vote – The board of Invesco Income Growth Trust says it will put a continuation vote to shareholders in the trust at the time of the next AGM to be held in September 2020. While the directors believe that shareholders want the company to keep going, the persistently wide discount might suggest otherwise. […]
In QuotedData’s other news 27 January 2020, it is a quiet day UIL Limited is selling its investment in Optal Limited, its fourth largest holding (7.3% of the portfolio) and largest unlisted investment. Optal is a digital payment solutions company offering virtual account numbers, and credit and debit solutions for large scale payments in the travel, […]
In QuotedData’s other news 22 January 2020 Yellow Cake, the uranium fund, is instituting a $2m buyback programme in an effort to narrow its discount. The programme lasts for three months, shares will be held in treasury. Syncona says that its portfolio company, Freeline will be disclosing further data from its Phase 1/2 B-AMAZE trial investigating […]
In QuotedData’s other news 21 January 2020: Troy Income & Growth reports that 25.4m shares were voted against one of the resolutions proposed at its AGM. The resolution still passed as 80m shares were voted in favour. The resolution was one that allows TIGT to issue shares without first offering them to existing shareholders. As TIGT […]
River and Mercantile Micro Cap reports on difficult year – the NAV total return of the River and Mercantile Micro Cap’s portfolio over the year ended 30 September 2019 was (17.48%), which compares with the total return of (7.34%) posted by its benchmark index. The share price fell from 211p to 157p as the discount […]
Aberdeen Standard European Logistics completes its investment in Den Hoorn – Following the announcement dated 16 December 2019, Aberdeen Standard European Logistics has confirmed that it has completed its acquisition of the freehold logistics warehouse in Den Hoorn, the Netherlands, for a net value of EUR49.9 million, providing a net initial yield of 4.5%. This is […]
Shaftesbury dispute with Samuel Tak Lee rumbles on – first a statement from the board: “As shareholders will be aware, the Board was served with legal proceedings issued by companies controlled by Mr Lee in June 2019. The proceedings concern allegations and claims relating to the equity placing conducted by the Company in December 2017, […]
Renewables Infrastructure buys Blairy Hill wind farm – The Renewables Infrastructure Group has exchanged contracts to acquire a 100% interest in Blary Hill Energy Limited, with the rights to construct a 35MW wind farm located on the Kintyre Peninsula, West Scotland. The investment is expected to complete during Q1 2020. The project, developed by RES, will […]
