Sancus Lending Group Limited NPV (LEND)

Sector:

Investment Firms

 0.55p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.85
  • 52 Week Low: 0.18
  • Currency: UK Pounds
  • Shares Issued: 6.27m
  • Volume: 0
  • Market Cap: £0.03m

GLI Finance plans SME Loan Fund sale

By Oliver Haill

Date: Tuesday 21 Feb 2017

LONDON (ShareCast) - (ShareCast News) - GLI Finance said it was looking at selling its stake in the SME Loan Fund for slight discount in order to repay a £14.86m syndicated loan that matures on 15 March.
GLI said a potential sale of the SMEF discounted 3.2% to 90p per share would value its total holding at £22.7m.

If a sale is not completed, directors of SMEF have announced that they intend to bring forward proposals for the orderly realisation of SMEF's investments and return of surplus capital to shareholders via periodic mandatory redemptions.

Its 50%-owned Amberton Asset Management, which is the current investment manager of SMEF, is holding talks to transfer the provision of investment management services to SQN Capital Management alongside the potential appointment by SQN of Amberton as its sub-investment adviser in relation to SMEF's existing portfolio of loans.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

LEND Market Data

Currency UK Pounds
Share Price 0.55p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.85
52 Week Low 0.18
Volume 0
Shares Issued 6.27m
Market Cap £0.03m

LEND Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.66% below the market average19.66% below the market average19.66% below the market average19.66% below the market average19.66% below the market average
11.78% above the sector average11.78% above the sector average11.78% above the sector average11.78% above the sector average11.78% above the sector average
Price Trend
74.9% below the market average74.9% below the market average74.9% below the market average74.9% below the market average74.9% below the market average
93.87% below the sector average93.87% below the sector average93.87% below the sector average93.87% below the sector average93.87% below the sector average
Income Not Available
Growth
6.99% above the market average6.99% above the market average6.99% above the market average6.99% above the market average6.99% above the market average
10.03% above the sector average10.03% above the sector average10.03% above the sector average10.03% above the sector average10.03% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LEND Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 02-Mar-17 27-Oct-16
Paid 21-Apr-17 15-Dec-16
Amount 0.62p 0.62p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

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