7th Jul 2015 09:38
LONDON (Alliance News) - BACIT Ltd, a closed ended investment company, Tuesday said it's in a good position to generate investment returns.
"The company has achieved a huge amount over the last two and a half years and is in a very strong position to continue generating strong investment returns and a rising stream of charitable donations," Chairman Jeremy Tigue said in a statement.
Tigue's comments came as the company reported a net asset value total return per share of 11.5% in the year ended March 31.
Bacit shares were up 0.1% at 130.69 pence on Tuesday morning.
By Samuel Agini; [email protected]; @samuelagini
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