EJF Investments Limited (EJFI) has announced the launch of a RetailBook offer for its new 2029 zero dividend preference (ZDP) shares, offering eligible UK retail investors an opportunity to participate in the issuance on equivalent terms to institutional investors. The issue price for the 2029 ZDP shares under the RetailBook offer has been set at […]
In QuotedData’s morning briefing 12 May 2025: We also have: Stories you may have missed from Friday:
Global equity markets have been grappling with a wave of challenges in recent months, leaving investors navigating a landscape marked by uncertainty and contradiction. From the disruptive flare of Trump’s so-called “Liberation Day” tariffs – briefly lighting a match under global trade tensions before a swift retreat – to elevated concerns over inflation (will interest […]
Chelverton UK Dividend Trust (SDV) has confirmed that the final capital repayment on its 2025 Zero Dividend Preference shares (ZDPs) has now been made in full. As a result, the trust is currently ungeared, with net assets of £30.85m as at 7 May 2025, invested across a diversified portfolio of UK small and mid-cap companies. […]
Baker Steel Resources Trust (BSRT) has announced that Futura Resources, one of its key unlisted holdings, has secured a US$15m strategic loan from Abu Dhabi-based International Resources Holdings (IRH), a vertically integrated mining investment group. The loan agreement completed today (9 May 2025), with BSRT having helped facilitate the deal via a A$1.4m bridging loan […]
In QuotedData’s morning briefing 9 May 2025: We also have: Stories you may have missed from yesterday:
Asset Value Investors (AVI), manager of AVI Japan Opportunity Trust (AJOT) and AVI Global Trust (AGT), has stepped up pressure on one of its portfolio companies, Wacom Corporation (TSE: 6727), calling for sweeping changes to the firm’s governance and strategy. AVI has submitted a series of shareholder proposals ahead of Wacom’s Annual General Meeting in […]
North Atlantic Smaller Companies Investment Trust (NASCIT) has reported its full-year results for the 12 months to 31 January 2025, delivering a 6.5% rise in adjusted NAV – broadly in line with the return of the MSCI UK Small Cap Index – and a 24.9% increase in revenue return per share, despite an ongoing challenging […]
In QuotedData’s morning briefing 7 May 2025: [QD comment MR: With under 4% of shares tendered and just under two weeks to go, the offer faces a tough path to reaching the 90% threshold. We had thought that with the final regulatory hurdles cleared and the offer deadline approaching that there might be an uplift […]
Ecofin US Renewables Infrastructure Trust (RNEW) has announced that it is applying to the FCA to become a self-managed alternative investment fund, as it continues to implement its managed wind-down strategy. The move follows the decision by its current investment manager, Ecofin Advisors (EA), to serve notice on its management agreement in February 2025. Subject […]
