The board of The Investment Company says that, following a thorough review of available opportunities, the company has entered into discussions to: appoint Chelverton Asset Management Limited to act as its investment manager, with a new investment strategy of investing primarily in quoted equities of UK small and mid-cap quoted companies to achieve long-term capital […]
The directors of HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, continue to monitor wider market events including the current share price volatility in the market price of its shares. The board is not aware of company-specific factors that have led to the recent decline in the share price. […]
BH Macro Limited released impressive numbers for the year-end December 2022. The price of the sterling class shares rose by 20.05% and the US dollar class shares by 12.72%, whilst the NAV per share rose by 21.91% for the sterling class shares and 21.17% for the US dollar class shares. While the company doesn’t list […]
Phoenix Spree Deutschland has suspended its dividend and has not paid a final dividend for the year to 31 December 2022 as the residential sales market in Berlin dries up following the hike in interest rates. As per its business model, cash to pay dividends is substantially dependent on condominium and/or other asset sales. Just […]
VH Global Sustainable Energy Opportunities reported its annual results for the year ended 31 December 2022. Shares fell -5.61% while NAV increased by 7.6%. The company does not provide a benchmark in its annual report, however, performance was roughly in line with the S&P Global Clean Energy Index. The discount remained relatively steady throughout the […]
Impact Healthcare REIT has posted strong results as inflation-linked leases negate the impact of rising interest rates. The care home provider reported a 2.0% drop in NAV to 110.17p per share. Its property portfolio was valued at £568.8m as at 31 December 2022, up 14.3% in the year due to acquisitions. The change in fair […]
abrdn Smaller Companies Income Trust results for the year end 31 2022 December do not make for happy reading for investors. NAV fell 33.2% while the share price dropped 33.7%. This compares to the Numis Smaller Companies ex Inv Trust Index which fell 17.9%. The discount closed the year at around 16% however has since […]
Unbound group (UBG), formally Electra Private Equity, announced a statement regarding an offer from WoolOvers Group Limited for the entire issued and to be issued share capital of Unbound. Under the terms of the possible offer, Unbound shareholders would receive 10.5 pence in cash and 1 contingent value right per Unbound share. The terms of […]
US Solar Fund (USF) has announced its annual results for the financial year ending 31 December 2022. Over the 12 month period USF’s portfolio grew to 543MWDC. USF’s NAV fell slightly from its half-year level, falling from the $321.2m it reported in June to $320.0m. USF’s portfolio actually increased in value over the year, however […]
In QuotedData’s morning briefing for 27 March 2023: The Renewables Infrastructure Group (TRIG) has entered into a corporate Power Purchase Agreement with BT Group for Blary Hill onshore wind farm. Pricing has been agreed for the duration of the 10-year PPA on pay-as-produced terms. Located in Scotland, the windfarm has a 35MW capacity, consists of […]
