Gresham House Energy Storage has signed long-term floor-pricing agreements with Statkraft Markets and Markel Bermuda. Both counterparties are part of corporate groups with investment-grade status. These agreements supplement the existing two-year tolling agreements with Octopus Energy over 568MW of the trust’s capacity, and will significantly increase GRID’s long-term contracted revenues over the next ten years. […]
Seraphim Space has published its newsletter for June 2025. Portfolio update Voyager Technologies achieves milestone with NYSE IPO debut Voyager Technologies made a strong debut on the New York Stock Exchange, opening at $69.75 (more than double its $31 IPO price), before closing day one at $56.48, marking an 82.2% surge and a valuation of […]
The board of Murray Income has decided to launch a strategic review of the company. It says that it is looking at the “options available to the company in the pursuit of delivering improved performance and returns for its shareholders, whilst continuing to provide an attractive yield from a portfolio predominantly focused on UK equities”. […]
In QuotedData’s morning briefing 3 July 2025: JPMorgan Global Growth and Income dividend to rise. Crystal Amber’s Morphic Medical gets EU approval. We also have: Did you see from yesterday?
Monks Investment Trust has published results covering the 12 months ended 30 April 2025. The trust was doing reasonably well ahead of ‘Liberation Day’ in early April. However, it was caught up in the resulting sell off and finished the year with an NAV return of just 0.1%. The discount widened from 8.5% to 10.1%, […]
Baker Steel says Polar Acquisition (which it has a 49.99% stake in) is selling its net smelter royalty related to the Prognoz silver project. The sale is for $11m in cash. Baker Steel’s look through share of that is $5.16m, which should arrive in Q3. The value of the royalty in the end May NAV […]
Schroder BSC Social Impact is considering its future after becoming frustrated with an inability to expand. The trust was launched in 2020 but a wide discount has prevented it from issuing more shares. The board says all strategic options to enhance value for the company’s shareholders are being considered, which could include a managed wind […]
In QuotedData’s morning briefing 2 July 2025: Diverse Income issued a reminder about its upcoming redemption opportunity. NB Distressed Debt’s chairman only just survived re-election. That seems to have spurred the trust into accelerating the trust’s liquidation. BioPharma Credit gets a bonus as another loan is repaid early. TR Property is going to broadcast its […]
Maven Renovar VCT’s board says it has received a letter from Paul Jourdan, shareholder and former manager of the portfolio, and a group of other shareholders seeking to convene a general meeting of the company to consider ordinary resolutions to remove the current board and appoint four replacement directors, including Paul Jourdan, in their place. […]
Secures NAV uplift from sale of vLex and adds to portfolio of lifestyle brands sale of vLex Oakley Capital Investments says legaltech platform vLex has been sold to Clio. The effect of the deal is to add 25p to the trust’s NAV or about 4% on the 31 March 2025 NAV. The trust’s share of […]
