MNTC.L Share News (MNTC)

Schiehallion Fund annual results dragged down by closure of Convoy

(Alliance News) - Schiehallion Fund Ltd on Thursday reported a weak performance over the past financial year, despite solid results from its largest investments.

TRADING UPDATES: Inspiration Healthcare launches new ventilator

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Schiehallion Fund says start-up valuations now more tempered

Schiehallion Fund Ltd - Guernsey-based investor in later-stage private businesses that have the potential to become publicly listed - Net asset value per ordinary share on July 31 is 109.50 US cents, down 8.3% from 119.42 cents on January 31. Schiehallion Fund doesn't pay a dividend, so NAV total return for the period, its financial first half, also is negative 8.3%. Share price fares much worse, falling by 28% to 66.00 cents from 92.00 cents, meaning the discount widens to 40% from 23%. The fund says asset price volatility is reduced in the recent six months, and its holdings in public companies, such as Wise PLC and Airbnb Inc, are positive contributors to NAV.

Schiehallion Fund NAV drops as portfolio companies see value drop

(Alliance News) - Schiehallion Fund Ltd on Tuesday said net asset value per share had dropped at the year-end, as its investee companies saw "significant" value declines.

IN BRIEF: Schiehallion Fund net assets fall on market volatility

Schiehallion Fund Ltd - Guernsey-based investment company - Net asset value rises per share falls 18% to 130.37 US cents as at July 31 from 158.20 cents on January 31. Records total NAV return of negative 18% and negative 11% for its ordinary shares and C shares, respectively. Attributes this to significant market price volatility in the period. Proposes no interim dividend, unchanged from a year before.

IN BRIEF: Schiehallion Director Chiswell buys USD105,000 in shares

Schiehallion Fund Ltd - Guernsey-based investment company - Director David Chiswell buys 110,000 shares at USD0.96, worth USD105,600, on Friday.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Solid 2021 for Ten Entertainment, Central Asia Metals

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

EXECUTIVE CHANGES: Barbara Jeremiah to be Weir's first female chair

EXECUTIVE CHANGES: Barbara Jeremiah to be Weir's first female chair

TRADING UPDATES: Solid State ends year strongly; Deltex loss widens

TRADING UPDATES: Solid State ends year strongly; Deltex loss widens