Life Settlement Assets (LSAA) has announced its results for the year ended 31 December 2022. LSAA’s Board says that, now the MBC litigation is complete, it is actively considering further options to reduce this discount, which will be communicated to Shareholders in due course. Key highlights from the results are as follows: Finalisation of MBC […]
Aurora Investment Trust (ARR) has announced its annual results for the year ended 31 December 2022. During what was a difficult year in global markets, ARR provided an NAV total return of -17.4% (2021: +17.1%) and the share price total return was -16.3% (2021: +13.5%). ARR says that, in comparison, its benchmark All-Share Index provided […]
HydrogenOne Capital Growth (HGEN) has announced that it and its co-investors have signed a Heads of Terms agreement, signaling their intention to merge Cranfield Aerospace Solutions Limited (CAeS) with Britten-Normen and to create the world’s first fully integrated, zero-emissions sub regional aircraft for entry into service in 2026. HGEN describes this as an industry first […]
In QuotedData’s morning briefing 21 April 2023: The Regulator of Social Housing has published an enforcement notice on Auckland Home Solutions, a tenant of Triple Point Social Housing REIT (4.6% of income) and Civitas Social Housing (15.9% of income). The enforcement notice follows on from the regulator’s ongoing engagement with Auckland and the regulatory notice […]
Ecofin US Renewables Infrastructure Trust (RNEW) has published its annual results for the year ended 31 December 2022, which its chairman, Patrick O’D Bourke, describes as one of sound progress. This included the announcement on 24 October 2022 of the appointment of Eileen Fargis as group lead and portfolio manager for RNEW (Eileen appeared on […]
GCP Asset Backed Income (GABI) has published its annual results for the year ended 31 December 2022. The year saw continued challenges for GABI, with the headwinds in the UK economy, and the availability of a broader range of income producing investments arising from increased interest rates. While these factors have contributed to GABI trading […]
Value and Indexed Property Income Trust (VIP) has announced that it has acquired a freehold leisure investment at Coventry Crosspoint Business Park that comprises a bowling alley and two small restaurant units. Rental income totals £0.6m, 77% of which is from Tenpin Limited (bowling) on a lease without break until 2050, with RPI-linked rent increases […]
In QuotedData’s morning briefing 14 April 2023: Atrato Onsite Energy (ROOF)has announced that it has acquired a ready-to-build, ground mounted 50MW solar project in Richmond, North Yorkshire, which will be constructed under a fully wrapped EPC contract. ROOF will invest a total of £38m, over a 12-month period, to acquire and construct the project, which […]
Crystal Amber (CRS) says that it has sent the board of De La Rue Plc a requisition notice requiring De La Rue to convene a general meeting at which a resolution will be proposed to remove the current non-executive director and chairman, Kevin Loosemore. The requisition also proposes to appoint Pepyn Dinandt as a non-executive […]
RTW Venture (RTW) has published its annual results for the year ended 31 December 2022, During the year, RTW’s NAV declined by -10.2% (from US$363.0m or US$1.71 per share to US$326.1m or US$1.54 per share) with the main detractor being the markdown in Ji Xing (c. -2.2% contribution), after the IPO was delayed due to […]