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IN BRIEF: Highbridge Tactical to return GBP15.5 million via redemption

5th Nov 2021 19:16

Highbridge Tactical Credit Fund Ltd - credit investment fund - Will return GBP15.5 million on November 15 through a partial redemption of shares. Redemption will be effected at the net asset value per share at September 30, which is GBP2.74. On this basis, 84% of the 6.7 million shares issued overall will be redeemed.

Following the redemption, Highbridge now has 1.1 million shares issued overall.

Current stock price: 27.0.00 pence

Year-to-date change: up 14%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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HTCF.L
FTSE 100 Latest
Value8,809.74
Change53.53