Gresham House Strategic sacks Gresham House following strategic review – Gresham House Strategic (GHS) has revealed the results of its strategic review, which it started in May 2021, to determine the best course of action to provide growth in value for all shareholders. The company also served 12 months’ protective notice of termination on Gresham […]
In QuotedData’s morning briefing 11 October 2021: VH Global Sustainable Energy Opportunities (GSEO) has completed its acquisition of the first 5MW solar photovoltaic site near Adelaide, South Australia. This is part of the first tranche consisting of two sites totalling 17MW as announced on 2 August 2021. Battery storage will be built and co-located on […]
Bitcoin behind another good year for cautious Ruffer – Ruffer Investment Company (RICA) has published its full-year results for the 12 months to 30 June 2021. During the period, its NAV total return was 15.3%, while its share price total return was 19.5%. The NAV return was boosted by the 1.5% discount moving to a […]
In QuotedData’s morning briefing 6 October 2021: Apax X, of which Apax Global Alpha (APAX) is a limited partner, has signed a definitive agreement to acquire a majority ownership stake in Eating Recovery Center, a leading provider of eating disorder and mood and anxiety treatment in the US, in partnership with Oak HC/FT and management. […]
In QuotedData’s morning briefing 4 October 2021: Seed Innovations (SEED) has invested a further £150,000 in South West Brands, a London-based company seeking to establish itself as a multi-brand consumer goods group developed specifically for the CBD industry. The investment is by way of a second 12-month, 8% convertible loan note as part of a […]
Downing Renewables & Infrastructure announces placing to raise £25m – Downing Renewables & Infrastructure has announced its intention to raise new capital by conducting a placing of up to 24,499,999 new ordinary shares of £0.01 each at a price of 102.50 pence per share to raise up to around £25m. The price of 102.50 pence […]
India Capital Growth posts strong results ahead of first redemption vote – India Capital Growth (IGC) has published its interim results for the six months to 30 June 2021, during which time its share price rose by 31.7% and its NAV increased by 25.1%, outperforming the BSE Midcap TR Index by 2.9%. However, IGC is […]
In QuotedData’s morning briefing 29 September 2021: Digital 9 Infrastructure (DGI9) has decided to increase the amount raised for its placing from £200m to £275m due to a significant oversubscription. A number of directors and members of the investment management team of DGI9 were among the biggest subscribers. 255,813,953 new ordinary shares will be issued […]
In QuotedData’s morning briefing 27 September 2021: Seraphim Space (SSIT) has invested $25m into Isotropic Systems, a leading developer of transformational broadband terminal technologies which is looking to redefine satellite communications. Isotropic’s Series B funding round raised more than $35m and other participants included strategic and deep-tech venture capital investors, such as AEI HorizonX, Promus […]
Another strong year for Pacific Horizon despite departure of long-standing manager – Pacific Horizon (PHI) has published its preliminary results for the year to 31 July 2021. The trust’s strong performance from the previous year has continued, with an exceptional NAV return of 61.3% and share price return of 59.2%. This compares with a 12.7% […]
