We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Dunedin Enterprise Investment Trust Plc | DNE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 475.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 475.00 | 475.00 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 27/08/2024 | Interim | GBP | 0.23 | 05/09/2024 | 06/09/2024 | 04/10/2024 |
| 13/12/2023 | Interim | GBP | 0.1 | 21/12/2023 | 22/12/2023 | 19/01/2024 |
| 24/03/2023 | Final | GBP | 0.25 | 20/04/2023 | 21/04/2023 | 19/05/2023 |
| 21/10/2022 | Interim | GBP | 0.34 | 03/11/2022 | 04/11/2022 | 24/11/2022 |
| 18/03/2022 | Final | GBP | 0.019 | 07/04/2022 | 08/04/2022 | 13/05/2022 |
| 11/02/2022 | Interim | GBP | 0.126 | 24/02/2022 | 25/02/2022 | 25/03/2022 |
| 06/10/2021 | Interim | GBP | 0.16 | 14/10/2021 | 15/10/2021 | 18/11/2021 |
| 15/03/2021 | Final | GBP | 0.02 | 22/04/2021 | 23/04/2021 | 19/05/2021 |
| 25/03/2020 | Final | GBP | 0.05 | 23/04/2020 | 24/04/2020 | 15/05/2020 |
| Top Posts |
|---|
Posted at 06/1/2025 19:39 by pvb Resolution passed at general meeting. DNE to be liquidated. |
Posted at 31/12/2024 13:47 by pvb My broker now confirmed DNE can stay in ISA for duration of liquidation. |
Posted at 18/12/2024 16:26 by forensic ISA's - I queried the position with ii, and quoted the section on ISA's in the circular. Glad to say that they have changed their position - they will be sending out an updated notice shortly. DNE shares can continue to be held in ISAs during the liquidation process. |
Posted at 12/12/2024 10:45 by pvb ...But is this about DNE? It is certainly necessary with single company shares but, as my previous post shows, not necessarily true with an IT in liquidation. But individual brokers will have their own policy.Curiously, my ISA provider seems to want to take a different approach to this to the last time a very similar type of IT was liquidated. |
Posted at 10/12/2024 23:23 by pvb WRT holding in ISA during liquidation:This is getting confusing... I hold most of my DNE shares in an ISA, but a few others separately, outside an ISA. The ISA manager has sent me an option form: 1. Move shares out of ISA to another account. 2. Move shares out of ISA to certificate in my own name (the default). This aligns with my prior expectations about effect of liquidation on shares in an ISA. (This seems different to last time an IT was liquidated in the same ISA!) But... No other explanation or information - apart from saying information is available on DNE company website. No mention of any option to vote on liquidation! Outside ISA have received voting form and details of liquidation from company registrars. On p.9 Shares held in a ISA "...The Company intends to conduct its affairs so as to meet the ongoing provisions required of a company operating as an approved investment trust. As such, the Shares would continue to be stocks and shares 'qualifying investments' during the liquidation period for ISA purposes. ISA providers may therefore permit the Shares to continue to be held in an ISA account. Some ISA providers may however take a different approach in relation to the Shares during the liquidation period. For example, they may state that if the Shares are removed from CREST prior to completion of the liquidation, they may remove the Shares from the relevant ISA Shareholder's account to a new account outside of the ISA into which any further distribution payments would be made. From a practical perspective, such removal from CREST may occur just before completion of the liquidation process at which point the company expects that shares would have only a nominal value. Notwithstanding the above, Shareholders are strongly recommended to consult their own ISA provider in advance of the appointment of the Liquidators so as to ensure that any action which may be necessary in relation to their shareholding can be taken in good time." So it looks as if: 1. I will be emailing my ISA provider with a few questions. 2. You will need to seek advice from your ISA provider to find out how it is going to be handled by them. |
Posted at 29/11/2024 16:52 by pvb Here it is:29 November 2024 Dunedin Enterprise Investment Trust PLC "Realisation of EV Holdings Limited ("EV") and update on winding-up proposals Dunedin Enterprise Investment Trust PLC ("DENT" or the "Company") is pleased to announce that regulatory approval has now been granted for the realisation of EV, a provider of high-performance video cameras and quantitative visual analytics to the global energy industry. The investment in EV is held via DENT's interest in Dunedin Buyout Fund III LP. As at 30 September 2024 the Company's investment in EV was valued at £2.6m. Proceeds received from the transaction amount to £2.7m, consisting entirely of capital. Following this realisation, the Company has remaining unlisted investments valued at £5.9m, cash balances of £26.8m and other net assets of £0.5m. As previously noted, the Company also has outstanding capital commitments to limited partnership funds of £6.9m. Pursuant to its managed wind-down strategy, the Company's investment objective is to conduct an orderly realisation of its assets in a manner that seeks to achieve a balance between maximising the value of the Company's investments and progressively returning cash to shareholders. The Board and its advisers intend recommending to shareholders a members' voluntary liquidation of the Company. Any such winding-up will require shareholder approval and the Company intends to publish a circular to convene a general meeting shortly. A further announcement will be made imminently." |
Posted at 28/8/2024 17:09 by pvb ...Ah well! Now that is an interesting question. :-)The realisation itself just means cash goes into DNE and has no effect on an ISA holding. However if, following the realisation, the members vote goes for a voluntary liquidation then at some point DNE will be delisted from the stock exchange. At that point it will no longer be eligible as an ISA holding and will be removed - possibly to an associated broker non ISA account, if you have one. So, if that is the route taken the answer ultimately is likely 'No'. I don't know the rules for SIPPS. |
Posted at 19/8/2024 14:16 by pvb A vote of shareholders will be taken as to liquidation. If it goes ahead the Trust's shares would be delisted from the stock exchange, the portfolio liquidated and the cash returned to shareholders.In general, this can take years - in some cases - or it could be quick if DNE already consists mainly of cash, or liquid cash instruments. While still quoted you can sell your shares before delisting, to save time. But you might get more by hanging on and getting the cash. You will have to judge that at the time for yourself. It rather looks from the flat share price chart that 515p per share will be the expected final settling price, for now. But note: Preliminary Unaudited Net Asset Value announcement for 30 June 2024 The Board of Dunedin Enterprise Investment Trust PLC is pleased to announce a preliminary unaudited net asset value of 627.6p per share as at 30 June 2024 (623.5p at 31 March 2024). That's a lot more! So, likely worth hanging on for the cash? |
Posted at 05/8/2024 08:14 by pvb Members voluntary liquidation then:Dunedin Enterprise Investment Trust PLC Date: 5 August 2024 Realisation of EV Holdings Limited ("EV") "Following completion of the EV realisation the Board intends to send shareholders a proposal for a members' voluntary liquidation of the Company as envisaged in the Chairman's Statement published in March." |
Posted at 03/11/2023 14:22 by pvb RNS Number : 3218SDunedin Enterprise Inv Trust PLC 03 November 2023 Premier Hytemp realisation "Dunedin Enterprise Investment Trust PLC is pleased to announce that an agreement has been reached which will allow Dunedin Buyout Fund II LP to realise the investment in Premier Hytemp, a manufacturer and supplier of engineered metal solutions. Completion of the transaction is subject to satisfaction of certain customary closing conditions. The investment in Premier Hytemp was valued at GBP4.9m in the Preliminary Unaudited Net Asset Value at 30/09/23 published on 1 November 2023. Proceeds from the sale are expected to amount to GBP4.9m, consisting entirely of capital." |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
