Following shareholder approval of the implementation of a placing programme at a general meeting earlier this week, Ashoka India Equity (AIE) has now announced that it intends to conduct a fundraising by way of an initial placing, offer for subscription and intermediaries offer. This initial issue will be part of a proposed ongoing share issuance […]
Civitas Social Housing (CSH) has announced that it has completed the acquisition of 10 supported living properties across Hertfordshire, Essex, Suffolk and Wales for a total consideration of £8.6 million (excluding purchase costs). The portfolio provides adapted homes along with personalised specialist care for 41 individuals with complex mental health care needs, administered by three […]
VH Global Sustainable Energy Opportunities (GSEO) has announced that it has made a $63m commitment to fund the construction of 18 remote distributed solar generation projects across ten Brazilian states with a total capacity of 75MW. GSEO says that the fully-equity funded projects are at the ready-to-build stage and are expected to be operational in […]
In a move somewhat reminiscent of Infrastructure India’s funding arrangements (where an entity connected to its manager and largest shareholder provided debt financing to the company), JZ Capital Partners (JZCP) has issued a circular and has announced that it is calling an EGM relating to its proposed issuance of loan notes to David W. Zalaznick […]
In a bid to take action on its persistent discount, Strategic Equity Capital (SEC) has announced that it will offer shareholders contingent tenders in 2022 and 2024. A 10% tender will be offered in 2022 tender if SEC trades at a wider than average discount of 8 per cent. over the 12 months ending 30 […]
In QuotedData’s morning briefing 28 May 2021: UK Mortgages (UKML) has provided an update this morning in which it says that it has completed the sale of the second portfolio of loans originated by the Coventry Building Society that had been securitised in the Malt Hill No.2 transaction. In February 2021, UKML’s board said that […]
Asset Value Investors, the managers of AVI Japan Opportunities (AJOT) has announced that it has submitted what it describes as “modest proposals to SK Kaken as a test of company’s motivation to improve performance and share price”. AVI says that its proposals aim to address, at no cost to SK Kaken, some of the factors […]
Capital Gearing (CGT) has announced its annual results for the year ended 5 April 2021, which its chairman, Jean Matterson, describes as “another year of very acceptable returns”. To illustrate, during the year, CGT provided an NAV total return of 13.9% and a share price total return of 13.6%. While CGT does not set out […]
Schroder British Opportunities (SBO) has announced that it made an investment into the EPIC I-b Fund SLP, a single asset fund managed by Castik Capital, which has acquired a majority stake in Waterlogic Group Holdings Limited, a leading global provider of purified drinking water dispensers, headquartered in the UK. Who are Waterlogic? Founded in the […]
In QuotedData’s morning briefing 21 May 2021: Ecofin Global Utilities and Infrastructure (EGL) has announced its interim results for the six months ended 32 March 2020. During the period, EGL provided NAV and share price total returns of 13.5% and 16.1% respectively, thereby outperforming the MSCI World Utilities Index and S&P Global Infrastructure Index, which returned […]
