In QuotedData’s morning briefing 19 December 2024:

• Hg Capital Trust says a recapitalisation of The Citation Group adds about £3.5m to its NAV or 0.8p per share. The Citation Group is an international provider of tech-enabled compliance and certification solutions to small to medium-sized enterprises. HarbourVest Partners has come in as a new investor.
• Triple Point Energy Transition (TENT) says it expects that its remaining assets are anticipated to be sold by the end of the current financial year. To save costs, John Roberts has decided to stand down as chair of the company with immediate effect.
• VH Global Enery Infrastructure (ENRG) says the commissioning of its flexible power plant with carbon capture and reuse has been delayed by a month to January. It says this is down to initial delays in commissioning the high-temperature Organic Rankine Cycle turbines and a minor fault in the carbon capture units detected at the start of commissioning, plus the Christmas break. Also, margins achieved on its three Australian solar/battery storage assets are up to three times higher than initially budgeted for the same period.
• Caledonia (CLDN) shareholders overwhelmingly approved (83.4% vs 16.6%) its Rule 9 waiver proposal. [That clears the way for more share buybacks and hopefully a narrowing of its discount.]

We also have:

Invesco Perpetual UK Smaller Cos switches manager to Artemis

Jupiter Green headed for the exit

Harmony Energy has a preferred bidder for its assets

Trusts acknowledge Saba requisitions – aim to see off vulture investor

More details published on Invesco Asia / Asia Dragon combination