BioPharma Credit (BPCR) is providing debt financing to Novocure Luxembourg S.a.r.l. through a senior secured loan agreement. BPCR will invest up to US$200m and BioPharma-V will invest up to an additional US$200m in parallel, with BPCR acting as collateral agent. Under the terms of the transaction, the Company will invest up to US$200m across four tranches: Tranche […]
In QuotedData’s morning briefing 3 May 2023: US Solar Fund (USF) has published a circular with details of the tender offer that it announced on 24 April 2024 that it is proposing to use as a means of returning capital to shareholders. The proposed tender price of $0.764 per share, which is equivalent to the 31 […]
Chrysalis Investments (CHRY) announced a trading update for the three month period to 31 March 2023. The company saw a 4.09 pence per share increase in NAV, equivalent to 2.3%. This was driven predominantly by movement in the fair value of the portfolio which added 5.15 pence per share, with foreign exchange generating an adverse […]
In QuotedData’s morning briefing 2 May 2024: European Assets Trust (EAT) announced that Mine Tezgul will succeed Sam Cosh as the company’s lead investment manager with immediate effect. Mine Tezgul is a portfolio manager in the European equities team and head of European small cap equities. Mine joined the manager in 2018 as an equity […]
QuotedData’s weekly news show – Every Friday at 11am On 2nd August, James Carthew will be joined by Andrew McHattie from The Investment Trust Newsletter and Peter Hewitt from Columbia Threadneedle. If you have any questions in advance, please email to Aiman. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 5th July, James Carthew will be joined by Andrew McHattie from The Investment Trust Newsletter and James Baker from The Investment Company. If you have any questions in advance, please email to Aiman. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 7th June, James Carthew will be joined by Andrew McHattie from The Investment Trust Newsletter and Daniel Higgins from Majedie Investments. If you have any questions in advance, please email to Aiman. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 30th August, James Carthew will be joined by James Harries from STS Global Income & Growth Trust. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 23rd August, James Carthew will be joined by Craig Baker from Alliance Trust. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 26th July, James Carthew will be joined by Henry Butt from AEW UK REIT. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 19th July, James Carthew will be joined by Chris Clothier from Capital Gearing. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 12th July, James Carthew will be joined by Kenneth MacKenzie from Target Fund Managers . If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 28th June, James Carthew will be joined by Nick Train from Finsbury Growth & Income. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
QuotedData’s weekly news show – Every Friday at 11am On 14th June, James Carthew will be joined by Luciano Suana from Menhaden Capital Management. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
Lord Forsyth of Drumlean, chair of the Financial Services Regulation Committee, has written to Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), pushing for a resolution to the cost disclosure issue that has been plaguing the investment companies sector. This is a very welcome intervention, we think, and hopefully it will add to […]
QuotedData’s weekly news show – Every Friday at 11am On 31st May, James Carthew will be joined by Stuart Widdowson from Odyssean Capital. If you have any questions in advance, please email to as@quoteddata.com. Please join us here.
Aquila Energy Efficiency Trust (AEET) announced its annual results for the year end December 31 2023. The company saw a NAV total return of 0.3%, while shares fell 17.6%, leading the discount down to 39.3%. The company has made no new investments outside its existing commitments since the failed continuation vote back in Feb 2023 […]
Invesco Perpetual UK Smaller Companies (IPU) announced its annual results for the period ended 31 Jan 2024. The company saw NAV total return of -4.1%, slightly worse than the benchmark fall of -3.3%. Shares fell -3.1% while the discount narrowed to 11.1%. Longer term performance remains positive, with the cumulative NAV total return over the […]
In QuotedData’s morning briefing 1 May 2024: Picton Property (PCTN) has announced a 5.7% increase in its dividend, following recent portfolio activity and the repayment of floating rate debt. The interim dividend payment for the first quarter of 2024 (to be paid this month), will be 0.925p per share (Q4 2023: 0.875p per share). Picton […]
AI can be a daunting yet exciting prospect for many businesses. At Oakley’s recent AI Forum in London, they gathered leaders from across portfolio companies to network and share insights into how they are leveraging AI tools and data analytics to disrupt their markets and boost productivity. At this link, Oakley shares some of their […]
An Extraordinary General Meeting (“EGM”) will be held at the Company’s registered office, BNP Paribas House, St Julian’s Avenue, St Peter Port, Guernsey GY1 1WA on Tuesday 18 June 2024 at 09:00am BST to change the name of the Company. The Notice of the EGM will be submitted to the National Storage Mechanism and will […]
A copy of the circular, including the notice of the AGM (the “Notice of AGM”) will be posted on the Company’s website shortly and will be sent to shareholders who are entitled to receive hard copies of such notices, alongside the Company’s 2023 Annual Report and Accounts (which are already available on the Company website […]
The Notice of AGM has been dispatched to all shareholders. An electronic copy of the Notice of AGM is also available on the Company’s website at https://www.doretrust.com/investor-relations and will be available for inspection at the National Storage Mechanism, which is situated at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
abrdn Property Income Trust reported annual results for 2023, in which NAV total return was -3.0%. The real estate investment portfolio returned 0.7%, which outperformed the MSCI Quarterly Property Index benchmark return of -1.5% over the same period. The company’s portfolio has outperformed the index over one, three, five and 10 years. The group’s NAV […]
Digital9 Infrastructure has published results for 2023. It published an NAV as at 31 December 2023 on 28 March of £728m or 84p per share. At that time, the board had obtained an independent valuation of Aqua Comms, Elio Networks, Arqiva Group and the potential earn-out payment of up to US $135m from the sale […]
Berlin residential landlord Phoenix Spree Deutschland has reported a 22.4% fall in EPRA net tangible assets to €3.96 per share (24.0% drop in sterling terms) in the year to 31 December 2023. The fall was mainly due to a 11.9% like-for-like drop in the value of its portfolio to €675.6m as buyer sentiment and transaction […]
Marwyn Value Investors has published results for the year ended 31 December 2023. The NAV total return on the ordinary shares for the year was 5.1%, for the 2016 realisation shares it was 5.0% and for the 2021 realisation shares it was 4.2%. Those figures compare to a return on the Small Cap Index of […]
In QuotedData’s morning briefing 30 April 2024: Gulf Investment Fund (GIF) says that the 1,157,160 shares that were tendered last month were valued at $2.5088 each or $2,903,083. Those investors that sold will get paid around 15 May 2024. Now that the sale of abrdn’s European private equity business to Patria Investments is complete, abrdn […]
Baker Steel Resources Trust (BSRT) has released its annual results for the 12 months ending 31 December 2023. Over the year BSRT’s NAV per share decreased by 2.8%, compared with the increase in the MSCI World Metals and Mining Index of 13.8%. BSRT’s share price fell by 15.1%, finishing the year on a 48.8% discount. […]
Ecofin U.S. Renewables Infrastructure Trust (RNEW) released its annual financial results for the 12 months ending 31 December 2023: RNEW reported a negative NAV total return of -5.5% and share price total return of -28.0%. NAV per share decreased from 94.3 cents per share to 85.2 cents. The company’s total NAV was $117.7m as of […]