25 February 2022 - share buyback
The AIM-listed cash shell has announced that it is to start its share buyback programme which will involve buying back up to 20% of its shares, with up to 140m available to be purchased if necessary. The objective is to close the discount between the current share price and the net asset value per share of the company which stands at around 19p. This move should serve to not only underpin the share price but allow it to move up towards the 19p level. With the net asset value per share all represented by . . .
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