| Mediclinic's shares rose yesterday on the news that it is supporting a buyout of Spire Healthcare, the UK hospital group it owns a close to 30% stake in. While that will strengthen its balance sheet, it will receive about two-thirds less than it paid for its interest in 2015. The private hospital operator has also reported an improved performance from its operations in Southern Africa, Switzerland and the United Arab Emirates, despite the impact of second and third waves of the Covid-19 pandemic. Steinhoff's shares failed to respond to a positive debut for its Pepco Group subsidiary on the Warsaw Stock Exchange. While Pepco's shares rallied 12.5%, Steinhoff closed a little lower despite it retaining close to 80% of the European discount retailer. Meanwhile, Bytes Technology also closed slightly down following the release of its first results since listing on the London Stock Exchange. However, the group has had a very strong run since it joined the LSE last December. More on those stories to follow, along with annual results from Zeder Investments and news that Arrowhead has deferred a decision on its interim dividend until the release of its full-year results later this year. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
| 