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Sparks Team
6 April 2020

TBC Bank Group (TBCG); provides further update on COVID-19

TBC Bank’s CET1, Tier 1 and total CAR as of 31 March 2020 are estimated at 8.7%, 11.5% and 16.1%, respectively. These ratios remain well above NBG’s revised estimated minimum requirements of 7.0%, 8.8% and 13.4%, respectively.

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Sparks Team
6 April 2020

Impact Healthcare REIT (IHR); posts trading and business update

Impact Healthcare REIT in its trading update announced that the group has signed a new revolving credit facility of £50m. The group confirmed that, as of 3 April 2020, it has received 100% of the rent due in respect of the forthcoming period from its tenants who operate care homes.

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Sparks Team
6 April 2020

Mercia Asset Mgt (MERC); NVM VCTs raise £38.2m

Mercia Asset Management announced that the three Northern Venture Capital Trusts (NVM VCTs), which form a part of Mercia’s assets under management (AUM), have raised a total of £38.2m in new capital through the share offers launched in January 2020.

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Sparks Team
6 April 2020

Gresham House Strategic (GHS); posts trading statement

The company announced an update for the financial year ended 31 March 2020. Unaudited 12-month NAV total return performance was -14.3% vs. FTSE Small Cap Index total return of -24.7% in the year from 1 April 2019 to 31 March 2020.

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Sparks Team
6 April 2020

Ergomed (ERGO); announces second COVID-19 clinical study

Ergomed announced its support for a clinical development programme for namilumab, a monoclonal antibody therapy targeting granulocyte-macrophage colony stimulating factor (GM-CSF), for the treatment of patients with rapidly worsening COVID-19.

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Sparks Team
3 April 2020

Tyman (TYMN); provides an update on the impact of the COVID-19

Tyman’s 2020 trading performance was in line with expectations until the middle of March. Since then, trading has progressively been impacted as increasingly stringent lockdowns have taken effect in the markets.

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