21st Aug 2024 12:38
Gulf Investment Fund PLC - actively managed investment in Gulf Cooperation Council region - Launches tender offer for up to 100% of each shareholder's shares. The September 2024 tender offer was first announced last November and approved by shareholders at the company's annual general meeting in December. The tender price will be based on a valuation of the fund's assets and liabilities as of this coming September 12.
Current stock price: 167.00 pence, up 1.2% in London on Wednesday
12-month change: down 10%
By Tom Waite, Alliance News editor
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