Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

IN BRIEF: Barings Emerging sells Russian holding for USD1.6 million

Wed, 10th Jan 2024 13:53

Barings Emerging EMEA Opportunities PLC - Leeds, England-based investor backing equity securities listed or traded in Eastern Europe, the Middle East and Africa - Sells holding in Russian food retailer X5 Group in global depository receipts. Says trade settled on Tuesday for total proceeds of USD1.6 million, approximately 1.7% of Barings Emerging based on its most recent net asset value. Company reiterates that it "remains focused on how best shareholder value can be preserved, created and realised in relation to the holdings of Russian assets."

Current stock price: 495.92 pence, up 0.8% on Wednesday afternoon

12-month change: down 6.6%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
31 Jan 2024 15:27

UK dividends calendar - next 7 days

16 Jan 2024 14:01

IN BRIEF: Barings Emerging sells Russian holding for USD670,000

Barings Emerging EMEA Opportunities PLC - Leeds, England-based investor backing equity securities listed or traded in Eastern Europe, the Middle East ...

7 Dec 2023 14:30

UK dividends calendar - next 7 days

21 Jul 2023 15:39

UK dividends calendar - next 7 days

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.