Montanaro European Smaller Companies (MTE) has announced its annual results for the year ended 31 March 2022, during which it provided NAV and share price total returns of 8.4% and 4.8% respectively, outperforming its benchmark, which returned 3.8%. The trust’s chairman, R M Curling, says that while these headline numbers might appear unremarkable, they disguise […]
Aquila Energy Efficiency Trust (AEET) has announced its final results for the year ended 31 December 2021, during which it provided NAV and share price total returns of -0.6% and -4.3% respectively. AEET’s chair, Miriam Greenwood OBE DL, says that despite the optimism at the time of AEET’s flotation in June 2021, deployment of monies […]
In QuotedData’s morning briefing 24 June 2022: Literacy Capital (BOOK) has announced that it has received approval as an investment trust, with effect from its accounting period commencing on 1 April 2022. Augmentum Fintech (AUGM) has announced that, following the publication of its annual results on 4 July 2022, it will be holding a capital […]
Boussard & Gavaudan Holdings (tickers BGHS and BGHL for its sterling and Euro share classes respectively) has announced that, on 10 June 2022, notice was served by Mr Emmanuel Gavaudan, requiring the company’s Board to convene a general meeting to consider the appointment of two additional directors nominated by him. The board is satisfied with […]
ORIT acquires Breach Solar Farm, Cambridge Octopus Renewables Infrastructure Trust (ORIT) announce the acquisition of Breach Solar Farm, a roughly 68MW ready-to-build solar PV project in Cambridgeshire, UK, from AGR Renewables. The total cost of acquiring and constructing the solar PV project is expected to be approximately £50m. The purchase also gives ORIT the right […]
In QuotedData’s morning briefing 17 June 2022: River & Mercantile UK Micro Cap (RMMC) has published its interim results for the six months ended 31 March 2022, during which it provided an NAV total return of -23.53%, significantly underperforming its benchmark, the Numis Smaller Companies plus AIM ex Investment Companies Index, which provided a total […]
HgCapital Trust (HGT) has announced an investment in TigerRisk Partners, alongside other institutional clients of its manager, through the Hg Saturn 2 Fund. HGT’s manager, Hg, describes TigerRisk as a leading risk, capital and strategic advisor to the global insurance and reinsurance industry. TigerRisk is being acquired by Howden Group Holdings. HGT announced its original […]
Baillie Gifford UK Growth (BGUK) has announced its annual results for the year ended 30 April 2022. During the year, BGUK provided NAV and share price total returns of -16.0% and -27.9% respectively, both significantly underperforming its All-Share benchmark, which it says returned +8.7% during the period. BGUK’s chairman, Carolan Dobson, says that the portfolio’s […]
In QuotedData’s morning briefing 10 June 2022: Tufton Oceanic Assets (SHIP) has announced that it has agreed to acquire a product tanker for US$31.5m with completion expected in early July. The Product Tanker, Marvelous, is being acquired at approximately 90% of its depreciated replacement cost. SHIP says that, initially, the vessel will be employed in […]
Following the announcement earlier today that it has terminated its placing programme (click here to read more), Worldwide Healthcare (WWH) has now announced its annual results for the year ended 31 March 2022. These show that, following the previous year’s strong returns, both on an absolute and on a relative basis, the year under review […]
