Secured Income Fund (SSIF) has announced its annual results for the year ended 30 June 2020, during which it says that all loans underwritten since April 2017 are performing as expected. However, the impact of Covid-19 has meant that SSIF has needed to relax some covenants, defer interest and extend the maturity of some loans. […]
Jupiter US Smaller Companies has announced that Robert Siddles (pictured), the fund manager of the Company since 2001, has, for family reasons, decided to retire with effect from April 2021. As a result of Robert’s retirement, JUS’s Board has said that it will review options for the future management of the trust and will make […]
In QuotedData’s morning briefing 9 October 2020: Aquila European Renewables Income Fund has announced the results of its equity raise – €127.5m before expenses. the fund is issuing 122,902,772 ordinary shares at €1.0375 per share. This represents a premium of 5.2% to the company’s NAV as at 30 June 2020. JPMorgan Multi-Asset Trust (MATE) has […]
JPMorgan Emerging Markets (JMG) has announced its annual results for the year ended 30 June 2020, during which it has provided a gentle outperformance of its benchmark (the MSCI Emerging Markets index with net dividends reinvested, in sterling terms). During the year, JMG provided NAV and share price total returns of 2.7% and 0.7% respectively, […]
RTW Venture Fund’s portfolio company, Pulmonx Corporation, announced on 30 September 2020 the pricing of its US$190 million initial public offering (IPO) as well as its admission to trading on Nasdaq Global Market under the ticker: LUNG. Pulmonx is a medical device company that commercializes the Zephyr Valve System, which it says is the first […]
Regional REIT disposes of Juniper Park – Regional REIT (RGL) has announced it has completed on the sale of Juniper Park, Basildon for £32.7m. This disposal reflects an uplift of 59.4% from the acquisition price, including subsequent capital expenditure, and 3.9% above the 30 June 2020 valuation. About Juniper Park Juniper Park is a 277,760 sq. […]
Henderson Eurotrust (HNE) has announced its annual results for the year ended 31 July 2020, during which it has delivered strong absolute performance in both share price and NAV total return terms, despite challenging markets and has also materially outperformed its AIC Europe sector peer group. During the year, HNE net assets rose by 10.4% […]
In QuotedData’s morning briefing 2 October 2020: It’s a bit of a slow day, but we do have annual results from Henderson Eurotrust (a very strong performance despite challenging markets), the IPO of RTW Venture’s PulmonX Corporation, annual results from JPMorgan Emerging markets and the disposal by Regional REIT of Juniper Park, Basildon, Essex, for £32.7m. Elsewhere, US […]
Buffettology Smaller Companies Investment Trust PLC has announced its intention to launch an initial public offering and float its shares on the premium segment of the Main Market of the London Stock Exchange. Buffettology is seeking to raise a minimum of £100 million via an initial placing, an offer for subscription and an intermediaries offer […]
Hipgnosis Songs Fund has announced the results of its equity raise in which it successfully raised total gross proceeds of £190 million in 72 hours. The equity was raised at 116p per share. Gross proceeds from the placing were approximately £186.4 million and gross proceeds from the PrimaryBid Offer were £3.6 million. The 163,793,103 Ordinary […]
