IN BRIEF: London Finance & Investment gets UK company registrar nod

London Finance & Investment Group PLC - London-based investment finance and management company - Company registrar Companies House UK approves the capital reduction documents on Monday. London Finance & Investment is returning 71 pence or ZAR17.39 per share to its shareholders. Shares will be suspended from the London Stock Exchange and the Johannesburg Stock Exchange on Thursday this week. The company will delist from the LSE on Friday this week. It will formally exit the JSE on May 20.

Current stock price in Johannesburg: ZAR15.10

12-month change: up 27%

Current stock price in London: 80.99 pence

12-month change: up 76%

By Artwell Dlamini, Alliance News reporter

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