
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 |
---|---|---|---|---|---|
Loudwater | LSE:LWT | London | Ordinary Share | GG00B1LT5C96 | 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% | 2.55 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLWT
RNS Number : 5053K
Loudwater Trust Limited
22 August 2012
22 August 2012
LOUDWATER TRUST LIMITED
("LOUDWATER" OR "THE COMPANY")
RETURN OF CAPITAL - B SHARE ISSUE
Loudwater Trust Limited, the closed-ended investment company, is pleased to announce that following the sale of the Company's shares in AgraQuest, Inc, the Board of Directors have approved a return of GBP23.49 million of capital to shareholders, equating to 39 pence per share.
The capital will be returned by way of a bonus issue of B shares to shareholders pro rata to shareholders' existing holdings of ordinary shares in the capital of the Company. The B shares will be issued to shareholders on the Company's register on the record date of 31 August 2012 and will have an ex-date of 29 August 2012.
Following their issue, the Directors are expected to consider the redemption of the issued B shares on or around 5 September 2012. A subsequent announcement will then be released confirming the decision of the Board.
The Company's investing policy is to return the cash proceeds of all realisations to investors, subject to the retention of sufficient cash for follow-on investments in existing portfolio companies where the Investment Adviser believes further funding is required.
-ends-
For further information
Loudwater Investment Partners Limited Charles Somerset +44 (0)20 3372 6400 Panmure Gordon (UK) Limited Andrew Potts +44 (0)20 7459 3600
Note
http://www.loudwatertrust.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISBKDDQOBKDFFB
1 Year Loudwater Chart |
1 Month Loudwater Chart |
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