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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Preston Assd | LSE:PNEA | London | Ordinary Share | GB00B60PMF50 | ORD �1 (ASSD DEEPDALE PNE CASH) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Share buyback policy Pennine AIM VCT 6 plc 13 November 2008 Shareholders will be aware that, as stated in the prospectus published in October 2005, it is the Company's intention to return 30p per share to shareholders by way of dividends and/or a tender offer by 31 July 2009 ("30p Return"). In planning the 30p Return, the Board has been monitoring the Company's cash projections and is aware that, in the current market conditions, liquidity of many of the Company's AIM-quoted investments is very weak. To date, subject to close periods, the Company has generally operated a policy of buying in its own shares that become available in the market at approximately 10% discount to its latest net asset value. The Company is now in a close period while it prepares its year end results and so is effectively currently prohibited from buying in its own shares. In order to be able to pay the 30p Return without the need to make any substantial realisations of AIM-quoted investments, the Board has decided to conserve cash by suspending its share buyback policy until the after 30p Return has been paid. The Board will continue to monitor the situation and will review the policy once the 30p Return has been paid. ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
1 Year Pennine Aim Vct 6 Chart |
1 Month Pennine Aim Vct 6 Chart |
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