RHM.L Share News (RHM)

IN BRIEF: Round Hill Music Royalty gets further portfolio valuation

Round Hill Music Royalty Fund Ltd - Guernsey-based investor in music copyright assets - Announces further independent valuation report on its portfolio of music rights from FTI Consulting Inc. Notes valuation reaffirms findings of previous report by Citrin Cooperman. Adds FTI provided two valuations: one based on a transaction using financing with traditional bank debt and one financed through an asset backed securitisation structure. The first valued the portfolio excluding the Carlin interest at USD523 million, and USD587 million with the interest, 3% below the Citrin valuation. The second valued the portfolio at a total USD678 million, a 13% premium to the Citrin estimate. Josh Gruss, CEO of Round Hill Music LP, the company's investment manager, said the valuation "supports our strong view that the Round Hill Music portfolio is significantly undervalued by the market and therefore offers considerable upside potential".

TRADING UPDATES: SigmaRoc files patent; Griffin restarts operations

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

EXECUTIVE CHANGES: Former 600 CFO to return; Celadon hires new CFO

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

TRADING UPDATES: Goldplat sells shares; Chill Brands starts campaigns

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

DIRECTOR DEALINGS: Aviva CEO tops up stake in insurer, buys BP shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on since September 30 and not separately reported by Alliance News:

EARNINGS UPDATES: Transence Tech swings to profit; Curzon widens loss

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

TRADING UPDATES: Eqtec seeks raise; Black Sea Property buys

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

IN BRIEF: Round Hill Music welcomes US copyright board ruling

Round Hill Music Royalty Fund Ltd - Guernsey-based investor in music copyright assets - Welcomes the decision of the US Copyright Royalty Board to disallow an appeal by various streaming services. The appeal was against the copyright royalty board decision to increase mechanical streaming royalty rates for songwriters and publishers. With the appeal disallowed, there will be an increase in statutory minimum rates for streaming paid in the US, beginning with an increased headline rate of 15% from January 1, 2022.

UK shareholder meetings calendar - next 7 days

EARNINGS UPDATES: Brave Bison notes first profit; Angle widens loss

(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: Round Hill to convert C shares as proceeds fully invested

Round Hill Music Royalty Fund Ltd - New York-based music copyright investment company - Since raising USD86.5 million through the C share issue, has identified a near term pipeline worth in excess of USD120 million in investment opportunities, and includes music publishing, master recordings and neighbouring rights.

TRADING UPDATES: Round Hill Music buys Alice In Chains catalogue

TRADING UPDATES: Round Hill Music buys Alice In Chains catalogue

IN BRIEF: Round Hill buys catalogue of Deep Purple's David Coverdale

IN BRIEF: Round Hill buys catalogue of Deep Purple's David Coverdale

IN BRIEF: Round Hill Music acquires catalogue of Nancy Wilson

IN BRIEF: Round Hill Music acquires catalogue of Nancy Wilson

Round Hill diversifies rights portfolio with three catalogue purchases

Round Hill diversifies rights portfolio with three catalogue purchases