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Honeycomb Investment Trust Sees Cancellation Of Share Premium Account

Tue, 22nd Mar 2016 12:38

LONDON (Alliance News) - Honeycomb Investment Trust PLC on Tuesday said the GBP99.9 million previously held in the share premium account has been transferred to the distributable reserves of the company.

The move follows both court and shareholder approval.

Shares in Honeycomb Investment Trust were untraded on Tuesday. The stock closed at 1,015.00 pence on Monday.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.

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