In QuotedData’s morning briefing 15 July 2022: HICL Infrastructure’s (HICL’s) fundraising, announced on 8 July 2022, has raised £160m. HICL says that there has been strong support for the issue from both existing and new investors, including over £5m of demand from the retail offer through PrimaryBid, and a scaling back exercise has taken place […]
Separate to its announcement of the new global administration agreements (click here to read more on this), Hipgnosis Songs Fund (SONG) has also announced its final results for the year ended 31 March 2022. The operative NAV has increased by 9.9%, which SONG says was driven by a 9.5% like-for-like value uplift across the Portfolio […]
Schroder British Opportunities (SBO) has published its report and accounts for the nine-months ended 31 March 2022 (SBO has shortened this accounting period to nine months to better align its reporting with periodic valuations of underlying private equity investments going forward) and, during the period, SBO’s NAV produced a return of -4.0%. SBO’s chairman, Neil […]
Taylor Maritime Investments (TMI) has published its first set of full year results for the period to 31 March 2022, which shows NAV and share price total returns of 81.3% and 45.5% respectively (around two-thirds of its profit before tax came from fair value gains on its portfolio). The results include the following key highlights: […]
Hipgnosis Songs Fund (SONG) has announced that it and its Investment Adviser, Hipgnosis Song Management Limited have agreed what it describes as “ground-breaking digital administration and sub-publishing partnerships” with the Society of authors, composers and publishers of music (Sacem) and peermusic. Along with Hipgnosis Songs Group (HSG), SONG claims that their new partners will provide […]
In QuotedData’s morning briefing 14 July 2022: Alpha Real Trust (ARTL) purchased just over 5.4m shares in the company through a tender offer, representing 8.7% of the share capital, for a total of £9.5m. We have news items on Hipgnosis Songs Fund’s new global administration agreements with Sacem and peermusic as well as its annual […]
What a week it has been in UK politics and markets. As I write, the political manoeuvring in Westminster continues to dominate the headlines and, from what I can see, this tale clearly has some way to go and so it will be grabbing more than its fair share of airtime for a while yet, […]
Oryx International Growth (OIG) has announced its annual results for the year ended 31 March 2022, during which its NAV fell by 4.57% in what its investment adviser, Harwood Capital, describes as a disappointing year. The adviser says that the portfolio was hampered by a reversal in bond market sentiment towards the biotech and healthcare […]
HICL Infrastructure (HICL) has announced that it proposes to raise additional equity capital through the issue of new ordinary shares by way of non-pre-emptive tap issuance. It is proposed that the new ordinary shares will be issued at a price of 169.0p per Share, which represents a discount of 3.1 per cent. to the mid-market […]
Digital 9 Infrastructure (DGI9) has announced that it has raised £60m via the placing and offer for subscription that was announced on 27 June 2022. DGI9 says that 48,335,287 new ordinary shares will be issued in relation to the placing and 6,210,167 new ordinary shares will be issued in relation to the offer for subscription, […]
