Jupiter UK Growth (JUKG) has announced that an agreement has been reached with Richard Buxton to take the reins as lead manager of the trust. Richard will be supported by Errol Francis and Ed Meier, who the company notes have worked with Richard over many years. We wrote on JUKG’s poor performance last October (click here […]
In QuotedData’s other news 18 February 2020 – FastForward Innovations (FFWD) said that investee company, EMMAC Life Sciences (FFWD owns a 2.4% stake), had become the first European company to export medical cannabis to Israel. The company has successfully exported 400 kilograms of medical cannabis to Israel, to the Bazelet Group, the largest medical cannabis company in Israel. […]
Renewables Infrastructure Group (TRIG) has announced annual results covering the period to 31 December 2019. Performance and portfolio highlights include: Portfolio generated 3,036GWh of electricity in the year (2018: 2,011GWh) NAV per ordinary share of 115.0p as at 31 December 2019 (2018: 108.9p) Directors’ portfolio valuation of £1,745m as at 31 December 2019 (2018: £1,269m) following new acquisitions […]
LXI REIT (LXI), the specialist inflation-protected very long income REIT, has announced the following profitable disposal and accretive acquisition. Disposals bring in £6.8m Following receipt of an unsolicited approach, the company says it has sold a bus storage facility in Yardley Wood, near Birmingham, let to National Express Group PLC on a long lease, to […]
Hadrian’s Wall Secured Investments’s board (HWSL) has said that further to the announcement on 9 December 2019 (we covered this here), it has concluded its strategic review and determined that the company should be put into managed wind-down with cash returned to shareholders in a timely and efficient manner. We also discussed some of the […]
In QuotedData’s other news 11 February 2020 – Investment Company (INV), which invests in the UK growth and income sector, reported interim results to 31 December 2019. Over the period. the company’s NAV increased by 7.61 %, compared with the FTSE all-share index’s 3.44% return. We also have a major update on the future of Hadrian’s Wall […]
Taking account of the quality of the acquisition pipeline in North America and continental Europe, SDCL Energy Efficiency Income (SEIT)’s board looks set to seek shareholder approval to remove the 25% minimum exposure limit to UK-based assets, which was adopted at the time of its IPO in December 2018. SEIT says the removal of the limit would […]
JLEN Environmental Assets Group (JLEN) has announces that, following an internal restructuring at Foresight Group, Foresight Group LLP (Foresight) has replaced Foresight Group CI Limited (Foresight CI) as investment adviser to JLEN. As announced by the company on 5 June 2019, Foresight CI was appointed as investment adviser to JLEN with effect from 1 July […]
Further to the announcement on 20 January 2020, Sequoia Economic Infrastructure Income (SEQI), the specialist investor in economic infrastructure debt, has announced a proposed share issuance that seeks to raise £250m of gross proceeds. The company intends to use the proceeds raised from the issue to repay the drawn commitments under its £280m revolving credit […]
JZ Capital Partners (JZCP) invests in US and European micro-cap companies and US real estate. The company has this morning announced that it has begun receiving preliminary appraisals for its real estate portfolio assets for the valuation period as of February 29, 2020. In line with the company’s previously announced expectation in its interim results, released […]
