In a inventory change discover in the present day (23 January), the board of TENT stated that the liquidation of the belief will entail an preliminary money distribution of roughly £43m, or 42.99p per share.
If the liquidation is accepted by shareholders, TENT’s shares can be absolutely faraway from buying and selling on the London Inventory Trade at 8:00am on 25 February, with plans to completely wind down the belief by the ultimate quarter of 2026.
Over 90% of UK funding trusts ended 2024 on a reduction
Nevertheless, if TENT’s liquidation is just not accepted, the board will put ahead a £42m tender provide to purchase again the sha…
