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IN BRIEF: Fidelity Emerging Markets notes results of tender offer

Mon, 18th Oct 2021 21:18

Fidelity Emerging Markets Fund Ltd - investment firm - In tender offer to repurchase up to 25% of company's capital, 103.3 million redeemable preference shares were tendered. However, the company will purchase 30.4 million shares at a price equal to 98% of its net asset value per share as at 2200 BST on Monday.

Current stock price: 830.00 pence

Year-to-date change: down 6.7%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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