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IN BRIEF: Gulf Investment completes tender offer of 250,000 shares

21st Apr 2023 11:22

Gulf Investment Fund PLC - Isle of Man-based investment fund focusing on Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Kuwait and Oman - Completes tender offer of 251,672 shares. The company's issued share capital is now 40.8 million shares.

In March, Gulf launched a tender offer of up to 100% of each shareholder's holding in the company. At the time, it said the tender price will be determined once assets have been allocated.

Current stock price: USD2.02, down 0.2% on Friday morning.

12-month change: down 13%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Gulf
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