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IN BRIEF: Fidelity Emerging prices tender offer for preference shares

19th Oct 2021 19:35

Fidelity Emerging Markets Fund Ltd - investment firm - Prices tender offer for redeemable preference shares at GBP9.32 each.

On Monday, company said it would purchase 30.4 million shares, bringing the total to GBP283.0 million. Tender price has been calculated as 98% of its net asset value per share as at 2200 BST on Monday.

Current stock price: 843.50 pence

Year-to-date change: down 5.2%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.

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