HgCapital Trust’s (HGT’s) manager Hg has made an investment in Pirum Systems, which HGT describes as “a leading provider of post-trade automation and collateral management technology for the global securities finance industry”. Although the terms of the transaction are not disclosed, HGT is investing approximately £9.4m in Pirum Systems, alongside other institutional clients of Hg […]
In QuotedData’s morning briefing 10 December 2021: Miton Global Opportunities (MIGO) has announced that it has changed its name to MIGO Opportunities Trust, in order to make it easier 1) for potential investors to find and identify the company, which it says has increasingly become known as MIGO, and 2) promoting its success in the […]
Downing Renewables and Infrastructure Trust (DORE) has announced that it has entered into two separate loan facility agreements: a £25 million Revolving Credit Facility (RCF) with Santander UK plc and a seven-year EUR 43.5 million debt facility with Skandinaviska Enskilda Banken AB (SEB) for its Swedish hydro assets. Both of these loan agreements have been […]
Octopus Renewables Infrastructure Trust (ORIT) has announced the results of its placing and REX retail offer that we previously reported on 19 November 2021 (click here to see read coverage of the announcement). ORIT says that it has raised aggregate gross proceeds of approximately £73.9 million (net proceeds of approximately £72.4 million), of which approximately […]
VH Global Sustainable Energy Opportunities to expand south Texas terminal storage assets VH Global Sustainable Energy Opportunities (GSEO) has announced that it has committed US$35m to fund the expansion of one of its terminal storage assets in South Texas. The investment will increase the throughput and on-site blending capacity of the site “to cater for […]
In QuotedData’s morning briefing 3 December 2021: Augmentum Fintech (AUGM) has said that, if abrdn’s proposed acquisition of AUGM’s portfolio company interactive investor goes ahead based on its understanding of the terms of the transaction, this implies a valuation for AUGM’s investment in interactive investor of £42.4 million (30 September 2021: £36.7 million) subject to […]
Just when we thought that the ‘tug of war’ between Harwood Capital and Gresham House Asset Management (GHAM) over Gresham House Strategic (GHS) had achieved a ceasefire of sorts, another small skirmish appears to have broken out. GHS has announced today that it has been advised by its recently appointed investment manager, Harwood Capital LLP, […]
Keystone Positive Change (KPC) has announced its annual results for the year ended 30 September 2021, a period that marked a new beginning for the trust as its management moved from Invesco to Baillie Gifford and it adopted its positive change mandate. Over the year KPC’s NAV total return was 17.3%, compared to a total […]
In QuotedData’s morning briefing 26 November 2021: Baillie Gifford UK (BGUK) has published its interim results for the six months ended 31 October 2021. During the [period, BGUK provided an NAV total return of 2.8% and a share ;price total return of 5.6%. It says that, in comparison, the All-Share provided a total return of […]
JLEN Environmental Assets (JLEN) has announced its interim results for the six months ended 30 September 2021, during which its NAV has risen from 92.2p per share to 98.4p, a 6.7% increase. This was driven primarily by an upward revision of the power price forecasts it uses, higher than forecast inflation during the period and […]
