In QuotedData’s morning briefing 7 December 2023:

• Laurence Fumagalli plans to step down from his role as co-head of the Schroders Greencoat LLP team managing Greencoat UK Wind (UKW) on 1 March 2024. Matt Ridley, a partner at Schroders Greencoat, will succeed Laurence to co-manage the fund alongside Stephen Lilley. Matt is currently head of private markets at Schroders Greencoat. He has 16 years’ renewable energy investment management experience, spanning the development, construction and operational phases across a range of technologies, and prior to joining Schroders Greencoat in 2021 he was head of equity infrastructure at Temporis Capital. Earlier in his career Matt qualified and practiced as a tax lawyer and he holds a BSc in Mathematics from the University of Exeter.
• Develop North (DVNO) says it will aim to buy back a further £500,000 worth of its shares before 31 December 2023.
• Fair Oaks Income Fund (FAIR) will hand back $2.1m to realisation shareholders by way of a 57.15 cent per share complusory partial redemption. The company has 53,580,881 realisation shares in issue of which none are held in treasury. On this basis approximately 6.86%of each registered shareholding would be redeemed. The redemption will be applied to shares on the register on close of business on 20 December 2023.
• VinaCapital Vietnam Opportunity (VOF) passed its discontinuation vote at its AGM yesterday but the votes were 29.1% in favour of discontinuation versus 70.9% against. The largest dissenting shareholder was aksing for a performance-triggered tender but the board rejected that idea.