Gresham House Energy Storage (GRID) has provided a trading update in which it details an improved trading backdrop driven by positive industry developments. [QD comment: this already bodes well for my spicier idea on our analysts’ top ideas for 2025, which was published on Friday – click here to read more]. GRID says that it […]
Following on from its previous announcements regarding the two lawsuits filed by VTB Bank in Russia claiming $81.3 million and $74.5 million against eight J.P. Morgan legal entities and JPMorgan Emerging Europe, Middle East & Africa Securities (JEMA) – click here to see our coverage of the last announcement – JEMA’s board says that it […]
In QuotedData’s morning briefing 6 January 2025: HarbourVest Global Private Equity (HVPE) has published what it describes as “an inaugural cashflow update” for the 2024 calendar year. Key highlights are as follows: HVPE had a fifth consecutive month of positive net cash flow in December 2024, with a net US$39m received during the month; HVPE […]
Menhaden Resource Efficiency (MHN) is proposing a managed wind-down and return of capital to shareholders. Following an announcement on 16 September 2024 that it was reviewing its future options, MHN says that its board has concluded that it is in the best interests of shareholders as a whole to propose an orderly realisation of the […]
Law Debenture (LWDB) acquired Hackwood Secretaries Limited, the process agency business of Linklaters LLP on 19 December 2024, which has now been renamed LDCS Process Agent Limited. LWDB says that the transaction will strengthen and further enhance the well-established commercial relationship between Law Debenture and Linklaters. Denis Jackson, CEO of Law Debenture, says “The acquisition […]
River UK Micro Cap (RMMC) has published its annual report for the year ended 30 September 2024, during which it provided NAV and share price total returns of 14.9% and 22.5% respectively, outperforming its Numis Smaller Companies plus AIM ex Investment Trusts benchmark, which returned 14.1%. RMMC’s chairman, John Blowers, says that the last 12 […]
Majedie (MAJE) has published its annual results for the 12 months ended 30 September 2024, during which it provided NAV and share price total returns of 21.5% and 24.1% respectively. Its chairman, Christopher Getley, says that “each of the three core strategies added meaningfully to the overall returns” and that “the low correlation of performance […]
Aquila European Renewables (AERI) says that the court has ruled in favour of The Rock in the appraisal case in of whether the licences to build the project were valid in relation to the dispute with the reindeer herders. The Rock is a 400 MW wind farm located in northern Norway. AERI says that, in […]
The European Smaller Companies Trust (ESCT) has published its initial response to the requisition for a general meeting issued by Saba Capital Management, L.P. (‘Saba’) on 18 December 2024. ESCT’s board says that, having taken legal advice, it deems the requisition to be valid but that it “does not believe there to be any merit […]
In QuotedData’s morning briefing 23 December 2024: Ecofin US Renewables Infrastructure (RNEW) has published a circular in relation to its proposed conditional disposal of its investments in US distributed solar assets (DG portfolio – click here to read more on this) and its decision to pursue a managed wind-down of its business. Subject to shareholder […]
