On 2 November 2022, Hurricane Energy Plc, in which Crystal Amber (CRS) holds a 28.9% interest, announced that it had received an unsolicited offer for the company and that following a period of engagement with the bidder Hurricane had received an offer for the entire issued share capital of the Company at an indicative offer […]
abrdn Latin American Income (ALAI) has published its annual results for the year ended 31 August 2022. During the period, ALAI’s net asset value (NAV) rose 6.8% in total return terms over the year, compared with an increase of 11.5% for the benchmark. The share price was broadly flat over the period, ending the year […]
In QuotedData’s morning briefing 11 November 2022: Capital Gearing Trust (CGT) has announced its interim results for the six months ended 30 September 2022. At the half-year end, CGT’s net asset value per share was 4,798.4p, compared to 5,025.1p at 31 March 2022. This represents an NAV total return of -3.5% over the previous six […]
Pantheon Infrastructure (PINT) has committed to invest approximately €52.7m (£46.0m at current exchange rates) in Asterion Industrial Partners’ interest in National Broadband Ireland (NBI), an Irish fibre to the premises (FTTP) network developer and operator. NBI is working on a project that is expected to help bridge the digital divide between rural and urban areas […]
In QuotedData’s morning briefing 9 November 2022: Picton Property Income (PCTN) has published its interim results for the six months ended 30 September 2020 in which its NAV fell 2.3% to 117p per share. This was mainly driven by a like-for-like portfolio valuation decrease of 1.9% to £852m. EPRA earnings were stable at £10.7m, or […]
Cordiant Digital Infrastructure (CORD) has announced that it has received regulatory approval for the acquisition of Emitel, expected to be completed mid—November 2022. Emitel is the second large, diversified digital infrastructure platform acquired by CORD, purchased for PLM 1920m (c.£360m). The completion of the transaction will mean a full utilisation of CORD’s Eurobond facility of […]
In QuotedData’s Morning briefing 7 November 2022: ICG Enterprise Trust (ICGT) has announced a $15m commitment to Clayton, Dubilier and Rice Fund XII . This is ICGT’s second commitment to funds managed by CD&R, following a $10m commitment to CD&R XI in 2020. CD&R is a global investment firm, headquartered in New York, that executes a […]
BlackRock Greater Europe (BRGE) has published its annual results for the year ended 31 August 2022. During the period, BRGE’s NAV decreased by 29.2%, significantly underperforming its reference the FTSE World Europe ex UK Index (the reference index), which BRGE says fell by 11.5%. Some of this underperformance was directly attributable to the write down […]
Henderson Far East Income (HFEL) has released its annual results for the year ended 31 August 2022. Its new chairman, Ronald Gauld, opens his statement by saying that, despite the rather dire backdrop of the last financial year, HFEL rose to the challenge in many ways, producing a positive NAV total return of 1.9% and […]
Fidelity Special Values (FSV) has announced its annual results for the year ended 31 August 2022. Its manager, Alex Wright, marked his ten-year anniversary of managing the Company on 1 September 2022, having produced a cumulative NAV and share price total returns of 183.3% and 208.9%, respectively, over the decade. These are both well ahead […]
