Member Info for Dossa

Over the years Scottish Mortgage has bought back shares when there was a large discount and issued shares when they were trading at premium.

Currently it makes sense for the company to buyback.

Returning cash via a capital reduction rather than converting C shares (ticker: SSIC) into Ordinary shares (ticker: SSIT) makes strategic sense, primarily because it directly monetizes the premium/discount gap, avoids "cash drag"

Buybacks will be nav accretive and enable the company to gain trust from shareholders when raising future capital.

If the board does not do anything to close the discount gap it will loose credibility and won't be able to raise future capital whivmch is its stated aim.

Since NCA are looking into the case and if so the possibility of digital trail of money and corrupt transactions at overvalue(some at 300 percent uplift in a few months) and these sham transactions usually involve bribery ...then will the Home reit plc property purchase transactions not become
void under strict money laundry regulations?

If so then its only fair the money would be returned back to Home reit plc and the property transactions reversed.

A good firm of lawers should be investigating this matter on behalf of shareholders.