The investment company reports a 13.7% increase in net asset value per share, driven by robust performance across its portfolio. The firm also conducted a share buyback program and maintained a healthy net cash position.
The investment company reported an 8% NAV growth and £80M in realisations for the first half. It's focusing on mature, profitable assets while returning capital to shareholders through buybacks.
The investment company reported an 8% increase in NAV per share and successful realisations. Its share buyback program continues, with the discount to NAV narrowing post-period.
The investment company has announced a change in its major shareholding, with AVI Global Trust plc increasing its stake to 15.01%.
The investment company has disclosed a change in its shareholding position.
The investment company has appointed Barclays Bank PLC as its new Joint Corporate Broker.
The investment company provides an update on its capital allocation policy, including details on share buybacks, reinvestment plans, and shareholder consultation.
The investment company reports its portfolio continues to perform well, with the top five assets now accounting for 81% of net assets and 88% of the portfolio being profitable. The company has a strong liquidity position and saw a positive asset sale during the period.
The prominent investment company has agreed the sale of its entire holding in data infrastructure firm InfoSum to WPP plc, generating £48 million in proceeds and a significant uplift to the asset's carrying value.
The retailer has announced a change in major shareholding, with Connor Broadley Limited increasing its stake.