Hipgnosis Songs (SONG) announced plans to raise approximately £150m through an ordinary shares placing at a price of 121p. The issue price represents a: 2.4% discount to SONG’s closing share price of 124p on 15 June 2021. 2.0% premium to the adjusted operative NAV, based on the GBP to USD exchange rate of 1.4115 on […]
The Apax X fund (Apax X), in which Apax Global Alpha (APAX) limited partner, announced the signing of a definitive agreement to acquire a majority stake in CyberGrants, a leading provider of software-as-a-service (SAAS) solutions for corporate social responsibility (CSR), employee engagement, and volunteer management. The transaction is expected to close in Q3 2021, subject to […]
In QuotedData’s morning briefing 16 June 2021 – RTW Venture (RTW) raised gross proceeds of $8.967m following the issue of ordinary shares at a price of $2.07. Further to its announcements on 28 May 2021, Ashoka India Equity (AIE) announced the results of its initial issue, with applications for 2.85m ordinary shares having been received. The shares will […]
It was announced on 11 June 2021 that the Apax X fund (Apax X), in which Apax Global Alpha (APAX) is a limited partner, was to acquire a majority ownership stake in Infogain, a Silicon Valley-based leader in digital platforms and software engineering services. The transaction is expected to close in Q3 2021. On a look-through basis, […]
Augmentum Fintech (AUGM) released its annual results to 31 March 2021, as well as announcing proposals to 1) amend its investment policy and 2) issue new ordinary shares and/or C shares in connection with a proposed share issuance programme (including an initial issue of new ordinary shares targeting at least £40m at an expected price of 135.5p). […]
JLEN Environmental Assets (JLEN) has bought a 100% stake in Cramlington Renewable Energy Developments (CRED), which owns a biomass combined heat and power plant (CHP plant) and its underlying contracts. The acquisition of CRED, for an undisclosed amount, was made on a debt-free basis and represents JLEN’s first investment into a large-scale biomass CHP plant. The […]
In QuotedData’s morning briefing 14 June 2021 – VH Global Sustainable Energy Opportunities (GSEO) announced the completion of its acquisition of the first $4m tranche out of its $63m commitment to a Brazilian solar power programme. The initial tranche will fund the construction of four projects across Rio de Janeiro, which once operational will provide […]
Troy Asset Management-managed Personal Assets (PNL) has reported its annual results to 30 April 2021, delivering a NAV return of 9.1%, which compares to a rise of 22.1% in the FTSE all-share index. Over the year, PNL managed to issue a record number of net new shares, for a net inflow of £229.8m. ‘Fixed income no […]
Baillie Gifford UK Growth (BGUK) has published results covering the year to the end of April 2021. The NAV total return of 37.7% was significantly ahead of the 25.9% registered by the All-Share index. The share price total return for the same period was 53.7%, as UK equities returned to favour. Performance was led by Farfetch, Ashtead, […]
In QuotedData’s morning briefing 9 June 2021 – JPMorgan Indian (JII) announced interim results to 31 March 2021. While the fund performed well, it was of course a very difficult time for India as a whole. JII managed to deliver a total return NAV return of 21.8%, which compares with a return of 19.2% from […]
