In QuotedData’s morning briefing 27 March 2024: Life Science REIT (LABS) has leased 7,497 sq ft of space at the Innovation Quarter at Oxford Technology Park to Coldquanta UK Limited, which is part of Infleqtion, a global quantum technology company. The lease will complete once the laboratory fitout works are complete. ColdQuanta will pay an […]
As required by the Company’s Articles of Association, because the Company has traded at an average discount to NAV in excess of 10% during 2023, a special resolution will be proposed at the Company’s forthcoming AGM, for shareholders to vote to wind up or otherwise reconstruct the Company. If such a discontinuation resolution is passed, […]
Digital 9 Infrastructure (DGI9) has announced that it intends to serve a notice of termination to its current investment managers, Triple Point Investment Management, subject to the required consents. The board expects the termination to take effect on 31 March 2025. The board has chosen Liberum Capital as its financial adviser, in order to aid […]
Supermarket Income REIT’s manager has made amendments to its investment advisory agreement to protect itself in the event of a takeover. In the event of a takeover, delisting or liquidation, Atrato Capital would be paid fees that would have been due over the existing rolling two-year written notice period. We have not heard any rumours […]
Dunedin Enterprise (DNE) has announced its annual results for the year ended 31 December 2023, during which it provided NAV and share price total returns of 3.6% and 8.6% respectively, and finished the year trading at a share price discount to NAV of 18.3%. In May 2016, shareholders approved a managed wind down of the […]
The Company’s Portfolio Managers, William Meadon and Callum Abbot, will give a presentation to shareholders, reviewing the past year and commenting on the outlook for the current year. The meeting will be followed by a sandwich lunch, providing shareholders with the opportunity to meet the Directors and representatives of the Manager. We look forward to […]
Fidelity European Trust (FEV) has announced its annual results for the year ended 31 December 2023. The company reported a NAV total return of +17.5% while the benchmark Index, the FTSE World Europe ex UK Index, rose by +15.7%. Over the same period, the ordinary share price total return was +15.3%. The board also announced […]
European Assets Trust (EAT) announced its annual results for the year end 31 December 2023. NAV total return was 8.2% for the year ended 31 December 2023, slightly behind the benchmark return of 9.8%. Share price total return was 4.5% while the declared dividend for 2024 is 5.90, up 2% from 2023. Following the company’s disappointing […]
by Dave Baxter, Investors Chronicle, March 19, 2024: While far from universally popular among investors, dividend cuts can sometimes be a blessing in disguise. They can drive share prices down to attractive levels while also allowing companies to put cash to better use. This is a premise that can feed into how some funds are […]
In QuotedData’s morning briefing 19 March 2024: SDCL Energy Efficiency Income Trust (SEIT) provided an interim update for the period from 1 October 2023 to 18 March 2024. The company noted that it is on track to deliver fully cash covered aggregate dividends of 6.24p per share for the financial year to 31 March 2024 […]
