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 | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Oryx International Growth Fund Ltd | LSE:OIG | London | Ordinary Share | GG00B3BTVQ94 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -20.00 | -1.41% | 1,400.00 | 1,400.00 | 1,430.00 | 1,400.00 | 1,400.00 | 1,400.00 | 7,463 | 16:35:11 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Unit Inv Tr, Closed-end Mgmt | -10M | -12.98M | -0.9269 | -15.10 | 196M |
From May 2023 to May 2024
TIDMOIG
RNS Number : 0129P
Oryx International Growth Fund Ld
06 October 2023
6 October 2023
Oryx International Growth Fund Limited
The Directors of Oryx International Growth Fund Limited (the "Fund") are pleased to note the proposed bids for its holdings in Tribal Group Plc, Pendragon Plc and Smoove Plc. The offer for Tribal Group represents an approximate 41% premium to the recent share price and would return circa GBP14.8 million of cash to the Fund upon completion, representing an IRR of 24.6%. In addition, the Smoove Plc holding would return circa GBP1.6 million upon completion. These two bids will add approximately 30p per share to the end of September NAV.
Pendragon Plc has received multiple bids from three parties and the situation is ongoing. The Fund currently holds 17.5 million shares at an average cost of 16.3p.
The Tribal announcement is the 7th such bid for one of our holdings received this year following the acquisitions of Crestchic Plc, Sureserve Plc, Fulham Shore Plc and Curtis Banks Plc which together returned circa GBP40 million to the Fund.
We are pleased that the Fund continues to navigate through difficult public markets and deliver value for our shareholders. The enhanced cash position and permanent capital structure will allow it to continue to target undervalued businesses at opportunistic moments.
Enquiries:
Sharon Williams
BNP Paribas S.A., Guernsey Branch
Tel: 01481 750850
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
UPDGZMGGMVNGFZM
(END) Dow Jones Newswires
October 06, 2023 07:09 ET (11:09 GMT)
1 Year Oryx International Growth Chart |
1 Month Oryx International Growth 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
Hot Features
Premium
