UKML.L Share Price (UKML)

So according to UKML, the NAV + dividend = 102.67p. Come on M&G, let's have something close to that!

M&G launches hostile bid for UK Mortgages. Shares in UK Mortgages (UKML) have jumped 11% after M&G Investment Management (MAGIM) revealed it was pursuing a hostile bid for the listed fund investing in home loans.1 hour ago

I reckon at anything over 70p

the directors topped up at 43p themselves - in the money

Surprised M&G are going after such a small company. They must see some good hidden value. Can't see the board giving it away easily.

M&G Investment Management Limited (MAGIM) is a leading asset manager which is part of M&G Group. As at 31 March 2020, M&G Group manages £250.6 billion of assets across equities, fixed income, multi asset, cash, private debt, infrastructure and real estate. MAGIM's experience of managing fixed income risk over many cycles, coupled with a disciplined investment process, has allowed it to turn these opportunities into a track record of consistently strong performance for its clients. M&G Investment Management Limited and M&G Group are fully owned subsidiaries of M&G plc, the international savings and investment business, which has £323.3 billion under management and administration as at 31 March 2020.