In QuotedData’s morning briefing 17 November 2021: Caledonia (CLDN) has agreed terms to divest its investment in BioAgilytix, a leading provider of bioanalytical testing for large molecule research and development, as private equity firm Cinven, becomes the new lead investor. The transaction is subject to US anti-trust approvals and is expected to complete in December […]
Nippon Active Value launches share issuance programme and PrimaryBid offer – Following previous announcements to raise further capital, Nippon Active Value (NAVF) has confirmed that the Initial Issue will take the form of an issue of Ordinary Shares to be issued at a price equivalent to NAV plus a premium of 1.5% in respect of […]
Ruffer to launch new issue to benefit new and existing shareholders – Ruffer Investment Company (RICA) has launched an issue of new shares at a price of 296.5p per share by way of an Open Offer, Offer for Subscription and Intermediaries Offer. It is conditional, inter alia, on: (i) the passing of the resolution at […]
In QuotedData’s morning briefing 15 November 2021: Sequoia Economic Infrastructure Income (SEQI) has refinanced and increased its existing multi-currency Revolving Credit Facility of £280m that was due to mature on 7 December 2021. The new £325m multi-currency Sustainability-Linked Revolving Credit Facility is provided by The Royal Bank of Scotland International, ING Bank, Macquarie and Raiffeisen […]
Aberdeen Latin American Income dips into revenue reserves – Aberdeen Latin American Income (ALAI) has posted its annual results for the year to 31 August 2021. During the period its NAV total return was 17.4% while its share price total return was 20.9%. This compares with a benchmark return of 17.5%. The earnings per share […]
In QuotedData’s morning briefing 10 November 2021: Syncona (SYNC) portfolio company Freeline Therapeutics Holdings has announced new data from its ongoing Phase I/II MARVEL-1 dose-finding clinical trial of FLT190 for the treatment of Fabry disease. According to the clincical-stage biotech company, a second patient dosed in Phase I/II trial for Fabry disease has generated encouraging […]
Huge gains for Fidelity Special Values as ‘fundamentals look very good’ – Fidelity Special Values (FSV) has posted its annual results for the 12 months to 31 August 2021. During the period under review, its NAV increased by 56.2% while its share price was up 73.8%, both significantly outperforming its benchmark index return of 26.9%. […]
Scottish Mortgage boosted by healthcare and technology performance – Scottish Mortgage (SMT) has published its results for the six months to 30 September 2021. During the period, its NAV increased by 16% from 1,195.1p per share to 1,381.1p per share, compared to a 9% increase in its index. Meanwhile the board has recommended an interim […]
VH Global Sustainable Energy Opportunities seeks to raise £258m – VH Global Sustainable Energy Opportunities (GSEO) has announced plans to raise new capital under its placing programme, through the placing of new Ordinary Shares at a price of 101.5 pence. GSEO intends to use the proceeds of the Placing to fund the continued deployment into […]
In QuotedData’s morning briefing 8 November 2021: HICL Infrastructure (HICL) has acquired, indirectly, a 33.3% interest in Road Management Group, a holding company which comprises two UK shadow toll roads: the A417/A419 Swindon-Gloucester and the A1(M) Alconbury-Peterborough. The interest was acquired from Abertis Infraestructuras for a combined consideration of up to £34.4m. This investment will be funded by […]
