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SQN Asset Finance Successfully Returns GBP40 Million To Shareholders

29th May 2018 11:38

LONDON (Alliance News) - SQN Asset Finance Income Fund Ltd on Tuesday said it completed its previously announced GBP40.0 million capital return on Friday last week.

SQN redeemed 41.1 million 'C' shares at a price of 98.32 pence each, representing 23% of its 'C' shares in issue.

The company first announced the return at the start of May. Ordinary shares were trading at 92.00 pence each Tuesday, down 0.2%.


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SQN.L
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