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IN BRIEF: KKV Secured Loan plans capital return to shareholders

Wed, 18th Aug 2021 19:18

KKV Secured Loan Fund Ltd - investment company - resolves to return 3 pence per share to ordinary shareholders, coming up to GBP10.6 million based ton the current number of shares in issue, and 21p per share to C shareholders, being GBP29 million.

Distributions will be conducted through an issue of redeemable B shares and D shares to existing shareholders in proportion to their shareholding on the record date of September 2.

Current stock price: 16.50 pence

Year-to-date change: down 6.0%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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