22nd Aug 2018 11:32
LONDON (Alliance News) - Carador Income Fund PLC said on Wednesday it will return USD7.5 million through a partial redemption of up to 9.8 million repurchase pool shares on August 31.
The investment fund said around 15% of the existing repurchase pool shares will be redeemed. The first redemption will be effected at USD0.7687 per shares, being the net asset value per share as at July 31.
The company currently has 63.2 million repurchase pool shares issued overall, of which none is held in treasury.
Shares in Carador Income Fund were untraded on Wednesday, last quoted at USD0.66.
Related Shares:
CIFU.L