News

31 Jan 2025

Aberforth Smaller Companies beats benchmark in good year for UK equities

Aberforth Smaller Companies (ASL) has published its annual results for the year ended 31 December 2024, during which it provided NAV and share price total returns of 12.1% and 10.7% respectively, both ahead of ASL’s benchmark – the Deutsche Numis Smaller Companies Index (excluding investment companies), whose total return in 2024 was 9.5%. It also […]

31 Jan 2025
Wind,Turbines,Silhouette,At,Sunset

GCP Infrastructure sells interests in two onshore wind assets

GCP Infrastructure has disposed of its interests in two operational onshore wind farms, Pates Hill Wind Farm and Milton Keynes Wind Farm, with total generating capacity of 28MW. The projects are located in Cumbria and Milton Keynes, each with installed capacity of 14MW, powered by seven Vestas V80 2.0MW turbines. The projects benefit from renewable […]

31 Jan 2025

Schroders Capital Global Innovation publishes wind down proposals

Further to its announcement of 4 December 2024, that it was bringing forward its continuation vote in order to provide clarity on the future of the company at the earliest opportunity (click here to see our coverage of that announcement), Schroders Capital Global Innovation (INOV) has now published a circular. A general meeting is being […]

31 Jan 2025

Miton UK MicroCap to offer rollover into Premier Miton UK Smaller Companies Fund

Following its announcement on 18 November 2024 that its board had concluded that a voluntary liquidation would be in the best interests of its shareholders, Miton UK MicroCap (MINI) says that its board has agreed non-binding heads of terms with Premier Miton that will give its shareholders the option to roll over their investment into […]

31 Jan 2025

QuotedData’s morning briefing 31 January 2025 – LBOW, ESCT, THRG, IEM, ORIT

In QuotedData’s morning briefing 31 January 2025: ICG-Longbow Senior Secured UK Property Debt (LBOW) has issued an update in which it says it continues to make progress in exiting its three final investments in what remain challenging market conditions. The asset securing the Affinity loan has been placed under offer for sale following a competitive bidding […]

29 Jan 2025

75% of Oakley Capital Investments NAV growth driven by earnings gains

Oakley Capital Investments (OCI) has published a trading update for the year ended 31 December 2024, during which it provided an NAV total return of 2% (15p) or 6% (+40p) excluding the impact of foreign exchange, and a share price total of 3%. OCI’s unaudited NAV, based on a revaluation of all portfolio companies at […]

29 Jan 2025

ISS recommends shareholders VOTE AGAINST ALL of Saba’s requisitioned resolutions for ESCT

The independent proxy adviser ISS has published its voting recommendation in relation to the general meeting of The European Smaller Companies Trust (ESCT) in which it recommends that ESCT shareholders VOTE AGAINST ALL of the proposed resolutions that have been put forward by Saba Capital, at the general meeting that is to be held on […]

29 Jan 2025

Class closure meetings triggered for BH Macro

BH Macro has announced that, following the publication of its final month-end Net Asset Values for 31 December 2024, the class closure resolution procedure contained in its articles of incorporation has been triggered in respect of the year ended 31 December 2024 for both classes of its shares. This is because the average daily closing […]

29 Jan 2025

Greencoat UK Wind revises yield estimates with 6.5p hit to NAV

Greencoat UK Wind (UKW) published an update. It says that its NAV as of 31 December 2024 is £3,409m (151.2p per share), which is a decrease of 7.4 pence per share from the NAV at 30 September 2024. The movement in NAV was primarily the result of a revision to energy yield estimates across the […]

29 Jan 2025

QuotedData’s morning briefing 29 January 2025 – BOOK, DSM

In QuotedData’s morning briefing 29 January 2025: Literacy Capital (BOOK) has published a portfolio update. It says that, while confidence and business activity across the UK was clearly adversely affected both in the run up to, and subsequent to, the government’s Budget announcement on 30 October 2024, very few of its businesses are in sectors […]