QuotedData's morning briefing 30 January 2023 - QuotedData

In QuotedData’s morning briefing 30 January 2023:

In its 2021 prospectus, Fair Oaks Income (FAIR) said that, in the event that the realisation shares and 2021 shares trade at discount to any quarter end NAV, calculated on the date that the relevant NAV is published, 25% of that quarter’s investment management fees (in respect of the realisation and 2021 shares) would be reinvested to purchase shares in the secondary market. Following the announcement dated 19 January 2023, regarding the NAV as at 30 December 2022, these conditions were met and Fair Oaks Income Fund (GP) Limited has purchased 23,920 realisation shares and 211,952 2021 2021 shares in the secondary market. VH Global Sustainable Energy Opportunities (GSEO) has announced that Alvarium Securities Limited is no longer acting as joint corporate broker to the Company. Numis continues in its role as broker to GSEO. Law Debenture (LWDB) has appointed Peel Hunt LLP as joint corporate broker, to work alongside its existing corporate broker, J.P. Morgan Securities Plc, the Corporation’s existing corporate broker, with immediate effect. HydrogenOne Capoital Growth will be hosting a 30-minute live webinar presentation for investors and analysts commencing at 9am GMT on Wednesday 8 February 2023, following the publication of  its quarterly portfolio and NAV update for the period ended 31 December 2022 on. More details can be found in the events section of our website (click here). Smithson Investment Trust (SSON) has published a letter to shareholders from the trust’s manager, Simon Barnard of Fundsmith LLP, giving his investment manager’s review in respect of the year ended 31 December 2022 (click here to read). Following the sale of its Airbus A380 aircraft to Emirates, Doric Nimrod Air One (DNA) will be undertaking a return of capital to shareholders via a compulsory redemption of shares. As per its notice released to shareholders on 6 January 2023, DNA intends to return £25.758m to shareholders on 3 February 2023 for shareholders on the register as at close of business on 2 February 2023. The redemption will be effected at 60.67p per share. The shares will be disabled in CREST on the record date and the Company will make an application for the cancellation of the admission of the Ordinary Shares to trading on the Specialist Fund Segment, with the cancellation expected to take effect at 7.00 a.m. on 3 February 2023. AUMGM has led a funding round into Berlin-based cyber insurance platform Baobab, with a €3 million investment. This is Augmentum’s first investment in the insurtech space and its second investment in Germany, following its investment in Grover, the country’s leading consumer technology subscription platform. AUGM describes Baobab (www.baobab.io) as a pioneer in the provision of European cyber insurance for SMEs. With capacity provision from Zurich, Baobab uses a novel approach to underwriting, pricing and risk mitigation, and works with leading SME cyber security providers to prevent breaches for its insured customers. AUGM has also provided a broader update with specific updates on a number of portoflio companies.

We also have:

An update from Aquila Energy Efficiency on its progress with capital deployment Annual results from Aberforth Smaller Companies.

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