30th Dec 2020 17:40
St Peter Port Capital Ltd - investment company - Net asset value per share at September 30, end of first half, down 5.2% to 14.98 pence from 15.81p at the end of March. Notes it has proposed to auction its assets and wind up company. "Despite our efforts, this year to date we have only been able to sell one small holding in the secondary market on terms which your board believes is reasonably close to its underlying value," Chair Lynn Bruce says. "We will therefore ask the shareholders for authority to approve a process. This will include cancellation of the company's admission to trading on AIM and the appointment of a liquidator."
Current stock price: 2.01 pence, down 33% on Wednesday
Year-to-date change: down 62%
By Eric Cunha; [email protected]
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