We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lonfin | LSE:1012 | London | Ordinary Share | GB0002994001 | LONDON FIN INV GRP PLC |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLFI 12 October 2015 London Finance & Investment Group P.L.C. ('Lonfin') Disposal of shares in Finsbury Food Group plc ("Finsbury") To satisfy market demand and increase the liquidity in Finsbury's shares, Lonfin announces that on 12 October 2015, Lonfin Investments Limited (a subsidiary of Lonfin) sold 2 million shares in Finsbury, at a price of 100 pence per share, reducing its holding to 8 million shares, which represents 6.25% of the Finsbury issued share capital. Lonfin has been an investor in Finsbury since its inception and remains a committed investor in Finsbury. Sale proceeds of GBP2 million will be used to eliminate debt in the short term, and will be reinvested in support of Lonfin's business model in due course. The profit realised on sale is GBP385,000 relative to the carrying value of this investment at 30th June 2015. In addition the sale realises GBP1,025,000 of the unrealised profits included in the financial accounts at 30th June 2015. Enquiries: London Finance & Investment Group P.L.C. Telephone: 020 7796 9060 END
(END) Dow Jones Newswires
October 12, 2015 11:18 ET (15:18 GMT)
1 Year Lonfin Chart |
1 Month Lonfin Chart |
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