We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dunedin Enterprise Investment Trust Plc | LSE:DNE | London | Ordinary Share | GB0005776561 | ORD 25P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 462.00 | 108,554 | 16:29:55 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 460.00 | 464.00 | 464.00 | 462.00 | 464.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 1.52M | 1.25M | 0.2267 | 20.38 | 25.43M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:43:11 | O | 4,449 | 450.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 09/12/2024 | 07:00 | UK RNS | Dunedin Enterprise Inv Trust PLC Holding(s) in Company |
| 04/12/2024 | 10:00 | UK RNS | Dunedin Enterprise Inv Trust PLC Publication of Circular and Winding-up.. |
| 04/12/2024 | 10:00 | UK RNS | Dunedin Enterprise Inv Trust PLC General Meeting re: Member's Voluntary.. |
| 03/12/2024 | 08:44 | UK RNS | Dunedin Enterprise Inv Trust PLC General Meeting re: Member's Voluntary.. |
| 29/11/2024 | 15:49 | ALNC |  Dunedin Enterprise approved to realise GBP2.7 million in wind-down |
| 29/11/2024 | 13:38 | UK RNS | Dunedin Enterprise Inv Trust PLC Portfolio Update |
| 01/11/2024 | 07:00 | UK RNS | Dunedin Enterprise Inv Trust PLC Preliminary Unaudited Net Asset Value at.. |
| 11/9/2024 | 06:00 | UK RNS | Dunedin Enterprise Inv Trust PLC Half-year Report |
| 27/8/2024 | 06:00 | UK RNS | Dunedin Enterprise Inv Trust PLC Dividend Declaration |
| 05/8/2024 | 06:00 | UK RNS | Dunedin Enterprise Inv Trust PLC Portfolio Update |
Dunedin Enterprise Inves... (DNE) Share Charts1 Year Dunedin Enterprise Inves... Chart |
|
1 Month Dunedin Enterprise Inves... Chart |
Intraday Dunedin Enterprise Inves... Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/12/2024 | 10:45 | Dunedin Enterprise Trust | 352 |
| 06/2/2014 | 08:16 | Dunedin Enterprise (Tender Offer 2012) | 85 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 15/12/2024 08:20 by Dunedin Enterprise Inves... Daily Update Dunedin Enterprise Investment Trust Plc is listed in the Finance Services sector of the London Stock Exchange with ticker DNE. The last closing price for Dunedin Enterprise Inves... was 462p.Dunedin Enterprise Inves... currently has 5,504,274 shares in issue. The market capitalisation of Dunedin Enterprise Inves... is £25,429,746. Dunedin Enterprise Inves... has a price to earnings ratio (PE ratio) of 20.38. This morning DNE shares opened at 464p |
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 11/12/2024 16:39 by jagworth According to Halifax Share Deaing“If the company cancels its listing on all Recognised exchanges, the shares will become non-ISA eligible, as they won't meet HMRC requirements. In this case, if you hold your shares in an ISA, we'll move them to your Share Dealing (non-ISA) account once the Cancellation is complete”. |
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 03/12/2024 17:02 by 1auger Badly worded RNS in my opinion.Only £19.3m can be paid out now as £6.9m for time being is potential investment commitment so must be held until invested or commitment extinguished. The cash remains in the bank account and doesn't need to be "realised" whereas the three remaining investments valued at £5.9m. £33.2m NAV. Share price fall looks to be overdone. |
Posted at 03/12/2024 16:09 by deadly Something strange here."It is currently expected that the Initial Distribution will amount to approximately £19.3 million, in aggregate, representing be approximately £3.50 per Share. Once the Liquidators have realised the Company's remaining assets (valued at £5.9 million...." But: "the total net assets of the Company are, as at 28 November 2024, approximately £33.2 million" Doesn't add up. |
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 17/4/2024 09:35 by thinking Why the 5% drop in price today? |
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
