NextEnergy Solar Fund Ltd (LSE:NESF) is a “highly attractive investment proposition” said house broker Cenkos as it initiated coverage.
The London-listed investment trust provides investors with “a well-covered, sustainable and growing dividend”, the broker said in its note to clients, underpinned by a “highly visible income stream, a conservative balance sheet and high return growth opportunities globally”.
Graft Polymer PLC (LSE:GPL), a company focused on the development of plastic modifiers and drug delivery systems, said it expects to win more orders this year from companies undertaking trials of its products, over which it has recently secured more patent protection.
A patent on a core technology included in its proprietary drug delivery system was accepted by the Russian and the Slovenian intellectual property offices, meaning the UK- and Slovenia-based company now has five patent applications awaiting award.
Frontier IP Group PLC (AIM:FIPP), an early-stage investor in innovative companies, has booked a profit on selling stock in one of its portfolio businesses.
It found buyers for 183,901 American depositary shares in Exscientia at an average price of US$21.68, netting US$4mln for a ‘realised gain’ of US$1.9mln.
Atlantic Lithium Limited (AIM:ALL) said results from infill drilling at the Ewoyaa lithium project in Ghana, West Africa, "continue to impress'.
Ewoyaa was recently the subject of a scoping study based around an increased JORC resource of 21.3mln tonnes of ore grading 1.31% lithium oxide (Li2O,).
Greencoat UK Wind PLC (LSE:UKW) announces that Lucinda Riches, who has served as a non-executive director since May 2019, will be appointed as senior independent director following the 2022 annual general meeting. She will succeed William Rickett after he confirmed his intention to retire.
Trident Royalties PLC (AIM:TRR) announced that a corporation controlled by Al Gourley, non-executive director, purchased 110,958 ordinary shares in the company on market at a price of 38.75p apiece. Following this share purchase, Gourley holds 7,500,000 ordinary shares, representing a 2.6% stake.
finnCap Group PLC (AIM:FCAP) announced the appointment of Annette Andrews to the board as an independent non-executive director, with effect from today. She brings expertise from a 30-year career in HR roles in both regulated financial and commercial environments, including senior positions at Lloyd's of London, Catlin Insurance, Lloyds Banking Group PLC and the Ford Motor Company.