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IN BRIEF: Dunedin Enterprise announces results of GBP41 million tender

23rd Nov 2022 21:52

Dunedin Enterprise Investment Trust PLC - UK mid-market private equity house - On Tuesday, announces the results of the tender offer to return up to GBP41 million to shareholders. 9.1 million shares, around 69% of the company's share capital, were validly tendered. As a result, the offer was oversubscribed. Says 7.6 million shares will be purchased by Singer Capital Markets Securities Ltd for a total cost of around GBP41 million. Says this represents around 58% of the company's share cpaital.

Current stock price: 539.00 pence

12-month change: up 13%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Dunedin Ent.it.
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