5th Aug 2021 19:31
JPEL Private Equity Ltd - Guernsey-based investment firm - Resolves to return USD85 million to its USD equity shareholders, with proceeds comprised of existing cash resources and proceeds from the sale of its investment in Swania International SA.
The capital return will be conducted through a pro-rate compulsory redemption of USD equity shares at a price equal to the prevailing net asset value per share of USD2.00 at the end of June.
Current stock price: USD1.72, up 4.2%
Year-to-date change: up 52%
By Dayo Laniyan; [email protected]
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