Schroder Income Growth Fund (SCF) has announced its annual results for the year ended 31 August 2021, during which it has outperformed its benchmark by a margin and is providing its 26th year of dividend growth. During the period, SCF’s NAV and share price total returns were 34.4% and 37.0% respectively, both markedly ahead of […]
In QuotedData’s morning briefing 12 November 2021: Capital Gearing (CGT) has announced its annual results for the six months ended 5 October 2021. At 5 October 2021, CGT’s NAV per share was 4,894.6p, compared to 4,590.2p at 5 April 2021. Including dividends reinvested in the period, this represents a total return of 8.2% over the past […]
Harmony Energy Income Trust Plc (HEIT) has announced the results of its IPO, which has raised gross proceeds of £210m. The Initial Issue has raised gross proceeds of £186.5 million through the Placing and Offer for Subscription and the Company has issued c. 23.5 million Ordinary Shares in connection with the acquisition of the Seed […]
The board of Gresham House Strategic (GHS) has provided an update following the requisition request by Gresham House Plc (GHE) dated 14 October 2021. To summarise, GHE has irrevocable undertakings that, when combined with its own holding, amount to 46.8% of GHS’s issued share capital and so its board has concluded that the resolutions will […]
BlackRock Greater Europe (BRGE) has announced its annual results for the year ended 31 August 2021, which its chairman, Eric Sanderson, describes as having been a very successful one, with regard to excellent absolute returns and also relative to BRGE’s reference index, which he says has resulted in significant demand for BRGE shares. Since the […]
In QuotedData’s morning briefing 5 November 2021: Hg has announced an additional investment into Litera, that will result in HgCapital Trust (HGT) investing approximately £28.2 million in Litera, alongside other institutional clients of Hg. The latest transaction represents an uplift on HGT’s current investment in Litera of £48.0 million (68%) or 10.8 pence per share […]
Third Point Investors (TPOU) has published a response to a letter that it received from Asset Value Investors (AVI) on 30 September 2021, in which AVI was pushing for an EGM in which it wanted to put forward proposals in relation to discount control. To summarise, AVI’s request for an EGM has been declined. Rather […]
Ecofin US Renewables Infrastructure (RNEW) has announced that it has contractual commitment to acquire Whirlwind, a 60 MW operating wind asset, for US$49m. The purchase price will be funded by a combination of the remaining net proceeds from the IPO and from the newly established Revolving Credit Facility. The acquisition of Whirlwind is expected to […]
Nippon Active Value Fund (NAVF) is proposing to raise further capital “to pursue its proven model of activist investment in quoted Japanese companies” and has published proposals for a share issuance programme for up to 300 million Ordinary Shares or C Shares over the next 12 months. This programme will include an initial issue which […]
In QuotedData’s morning briefing 22 October 2021: Third Point Investors (TPOU) has published a circular in relation to an EGM at which shareholder approval will be sought for the exchange facility that shareholders are to be offered in 2022, details of which were previously announced on 1 September 2021 (click here to read out story […]
