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IN BRIEF: Gulf Investment Fund completes tender offer

1st Apr 2022 16:54

Gulf Investment Fund PLC - invests in companies in Gulf Cooperation Council countries - Following closing of tender offer at the end of March, 5.2 million shares were tendered offer the offer, reflecting an 11% interest of the company's share capital as at March 21.

Minimum size condition has passed, and Gulf Investment will have 41.1 million shares issued overall.

Current stock price: USD2.12

12-month change: up 46%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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