News Insights
Volta Finance Limited has recently announced several significant corporate developments and financial highlights. Notably, the company reported its net asset value (NAV) as of December 31, 2024, revealing a net performance gain of 0.3% for December and an impressive total return of 21.2% for the entire year. This performance includes a dividend payment of 15 cents per share. The favorable returns were attributed to strong returns from CLO Debt investments, despite some volatility affecting CLO Equity valuations towards year-end.
In terms of managerial transactions, the company has seen active participation from its board members in shareholding. On February 2, 2025, Volta Finance announced the purchase of 3,250 ordinary shares by directors as part of their fee structure, whereby directors receive a portion of their fees in shares that they are required to hold for at least one year. Furthermore, Dagmar Kershaw, the Chair of the Board, recently acquired 19,000 ordinary shares, indicating a commitment to the company's growth and performance. Collectively, these developments reflect a strong confidence from both the management and board members in Volta Finance's strategic direction and financial footing.
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