(Sharecast News) - Craven House Capital issued an update on Friday, responding to recent positive movement in its share price.
The AIM-traded firm's stock had progressively risen in recent days, peaking at $1.58 per share in London on Friday.

It had been trading at just 45 US cents per share on 8 January.

"The company wishes to inform the market that there are no material unpublished developments in its investee companies which it believes require disclosure," the Craven House board said in its statement.

At 1030 GMT, shares in Craven House Capital were up 23.46% at $1.00 in London.