In QuotedData’s morning briefing 13 September 2023: Primary Health Properties (PHP) has acquired Ireland’s first Enhanced Community Care (ECC) facility at Ballincollig, near Cork, for €29.64m. The property is fully let to the Health Service Executive on a 25-year lease and benefits from five yearly, compounded annually, Irish CPI indexed rent reviews. The government led […]
Round Hill Music Royalty (RHM) has announced that its board and that of Alchemy Copyrights, LLC, trading as Concord have reached agreement on the terms of a recommended cash offer at US$1.15 per RHM share, which values RHM’s share capital at approximately US$468.8m. On the basis of the closing price per RHM Share of US$0.69 […]
Ecofin US Renewables (RNEW) has announced that, given the wide discounts impacting RNEW and other alternatives investment trusts, and the unfavourable short-term prospects to raise new equity as a result, the board has decided to undertake a review of RNEW’s strategy, which will centre on a sale of the company’s assets. If a sale proceeds […]
After over 43 years in financial services, including 13 years as Manager of Henderson European Focus Trust (HEFT), veteran fund manager John Bennett (pictured) is retiring from the asset management industry and Janus Henderson Investors at the end of August 2024. In the meantime, John will continue to work closely with both co-fund manager, Tom […]
Triple Point Social Housing REIT (SOHO) has announced that it has completed on the sale of four specialised supported housing properties, for a total of £7,586,600, to a private UK real estate investment firm. The sale price reflects a gain of £663,136 (9.6%) against the total purchase price (excluding transaction costs) and is principally in […]
ThomasLloyd Energy Impact (TLEI) has announced a date for the second EGM requisitioned by the manager (which holds around 15% of the trust’s shares), which is to be held on Monday 25 September 2023 at 10.00 am (at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH). We have been following this […]
In QuotedData’s morning briefing 1 September 2023: Greencoat UK Wind (UKW) has announced that it has completed the acquisition of South Kyle wind farm, in Scotland, from Vattenfall Wind Power Ltd. The transaction was first announced on 27 April 2020 (click here to read our coverage of this) with payment for the subsidy-free project due once […]
Reflecting the challenging macroeconomic backdrop, the last six months have been an uncertain period in markets. Key amongst investors’ concerns has, at least until recently, been stubbornly high inflation in most developed markets, particularly in Europe and the UK specifically. This had refused to roll over despite energy prices – a key factor a behind […]
Ruffer Investment Company (RICA) has announced that it has undertaken a share buyback. Ordinarily, with just 150,000 shares or 0.039% of its issued share capital repurchased, this wouldn’t be of much interest to investors but this is the first time in its 19-year life (it was launched in 2004) that the multi-asset fund has undertaken […]
ThomasLloyd Group Limited (TLG), the manager of ThomasLloyd Energy Impact Trust (TLEI) has issued a statement refuting a number of allegations made by TLEI’s board in regards to TLG’s recommendation that shareholders vote for continuation in the upcoming vote. In contrast, TLEI’s board is suggesting shareholders vote against continuation. TLG, through its affiliates, is the […]
