The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Civitas Social Housing PLC - Exeter, England-based healthcare real estate investment trust - Skandinaviska Enskilda Banken AB sells entire 10% stake in company on Monday.
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Crossword Cybersecurity PLC - London-based cybersecurity company focused on cyber strategy and risk, supply chain cyber, threat detection and response, and digital identity, working with UK universities - Notes subsidiary Crossword Consulting Ltd enters related-party agreement with consultancy of director. Says agreement worth up to £750,000 is with Cumberland House Consulting Ltd, a company connected to Director Robert Coles. Crossword Consulting will provide services to a Cumberland client, the firm says.
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Gunsynd PLC - London-based company investing in companies and projects within the natural resources, life sciences and beverage sectors - Notes investee Omega Oil spuds second well, Canyon 1 in Australia, on May 8. Says well reaches total depth of 4,000 metres.
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Horizonte Minerals PLC - Nickel project developer in Brazil - G10 Capital Ltd sells entire 23% stake in company on May 2, as La Mancha Resource Capital LLP buys 23% stake in Horizonte Minerals the same day.
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RM Infrastructure Income PLC - invests in loans to infrastructure assets - Says continues to deliver on investment objective of providing ‘attractive’ net asset value total returns. Firm says it has ‘refreshed its investment focus on social & environmental infrastructure, increasing exposures to its core target sectors with approximately 59% of the portfolio’s committed capital currently invested within social & environmental infrastructure.’ Declares 1.625 pence per share dividend. RM Infrastructure says will allow broader review of its strategy, superseding a previously announced liquidity opportunity consultation.
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Seraphim Space Investment Trust PLC - space technology investment firm - In the third financial quarter that ended on March 31, reports net asset value per share drop of 1.0% to 91.77 pence from 92.74p as at December 31. Company notes macro-economic headwinds. CEO Mark Boggett says: ‘The quarter saw the team focused on portfolio activities whilst continuing to build a pipeline offering exposure to the highest calibre SpaceTech companies. Over the quarter, we supported an important emerging portfolio company, QuadSAT, and closed an additional follow-on investment and a new early-stage investment after the period end.’
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Vela Technologies PLC - early stage-focused technology investor - Says will invest £250,000 in Tribe Technology Group Ltd, as part of a £2.0 million pre-IPO funding round undertaken by Tribe Tech, which offers autonomous reverse circulation. In the year ended June 30, Tribe Tech had reported a post-tax loss of £1.7 million.
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