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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kelso Group Holdings Plc | LSE:KLSO | London | Ordinary Share | GB00BK1VJS23 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.90 | 2.80 | 3.00 | 69,498 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 0 | -289k | -0.0009 | -32.22 | 9.08M |
TIDMKLSO
Kelso Group Holdings PLC
19 May 2023
19 May 2023
Kelso Group Holdings Plc ("Kelso" or the "Company")
Mello2023 Investor Conference
Kelso, the main market listed investment company, is pleased to announce that the Company will be presenting and exhibiting at the Mello2023 investor conference on Tuesday 23rd May 2023, to be held at the Clayton Hotel Chiswick, Chiswick High Road, London, W4 5RY.
John Goold, CEO of Kelso, will be presenting on the day and the investor presentation will be uploaded to the Company's website following the conference.
Investors wishing to attend can find more details at www.melloevents.com .
For further information please contact:
Kelso Group Holdings plc +44 (0) 75 4033 3933 John Goold, Chief Executive Officer Mark Kirkland, Chief Financial Officer Jamie Brooke, Chief Investment Officer Zeus (Broker) +44 (0) 20 3829 5000 Nick Cowles, Matt Hogg (Investment Banking) Ben Robertson (Corporate Broking)
About Kelso
Kelso was established in 2022 to identify, engage and unlock trapped value in the UK stock market. Kelso's strategy is to invest in situations where there is an anomaly between the intrinsic value and prospects of a company and its stock market valuation. Kelso will, in particular, look for situations where it believes the sum of the parts of a business is greater than the current value. The company completed a fundraising of GBP3m in January 2023. Kelso believes that the current market conditions are such that there are situations where UK listed companies' valuations are not appropriately matched to their underlying intrinsic value. There may be instances where Kelso itself could be used as a vehicle by an undervalued company to spin off a subsidiary into its own listing. Such a transaction would undoubtedly constitute a reverse takeover for Kelso.
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(END) Dow Jones Newswires
May 19, 2023 02:00 ET (06:00 GMT)
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