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IN BRIEF: Secured Income Fund proposes share cancellation on LSE

21st Oct 2021 21:27

Secured Income Fund PLC - UK-based investment firm - Will call general meeting in due course to gain approval from at least 75% of shareholders to cancel trading of shares on the London Stock Exchange's Main Market.

Once the resolution is approved, it is expected to take effect once the company's net asset value falls below GBP7 million.

Current stock price: 22.00 pence, down 12% on Thursday

Year-to-date change: down 67%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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