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AFMC Aberdeen Frontier Markets Investment Company Limited

41.30
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aberdeen Frontier Markets Investment Company Limited LSE:AFMC London Ordinary Share GG00B1W59J17 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 41.30 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Aberdeen Frontier Mkts Inv Co Ltd Update research from QuotedData

06/03/2017 9:00am

RNS Non-Regulatory


TIDMAFMC

Aberdeen Frontier Mkts Inv Co Ltd

06 March 2017

Aberdeen Frontier Markets - Update research from QuotedData

6(th) March 2017

Direct investing

On 9 December 2016, the board of Aberdeen Frontier Markets (AFMC) announced that take up of its 100% tender offer had exceeded expectations. After deliberating on the future of the fund, the board is asking shareholders to approve a shift to direct investing in frontier markets. Shareholders still have the opportunity of a cash exit if desired but the manager is injecting up to GBP10m into the fund to keep it viable.

Full research:

http://quoteddata.com/2017/03/aberdeen-frontier-markets-direct-investing/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: this note has been prepared for Aberdeen Frontier Markets by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

QUOTEDDATA

123a Kings Road | London SW3 4PL

Tel: +44 (0) 20 3691 9430

www.quoteddata.com | research@quoteddata.com | www.martenandco.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAUORORBUAORUR

(END) Dow Jones Newswires

March 06, 2017 04:00 ET (09:00 GMT)

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