By Josh White
Date: Monday 27 Mar 2017
LONDON (ShareCast) - (ShareCast News) - Strategic Equity Capital noted a press comment over the weekend on Monday, and confirmed that it received a request to requisition a general meeting from two of its shareholders, Ian Armitage and Growth Financial Services - a subsidiary of Harwood Capital Management - representing 5.02% of the company's issued share capital.
The London-listed firm said the proposed resolution Armitage and Harwood wished to put to a general meeting purported to require the company to use all of its general buy-back authority taken at the last annual general meeting on 9 November, to make market purchases of its ordinary shares at not wider than a 5% discount to the prevailing net asset value.
"The company's advisors are seeking clarification on the requisition to enable it to be considered further by the board," it said in a statement.
"A further announcement will be made in due course."
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Currency | UK Pounds |
Share Price | 336.00p |
Change Today | 4.00p |
% Change | 1.20 % |
52 Week High | 379.00 |
52 Week Low | 290.00 |
Volume | 224,458 |
Shares Issued | 46.94m |
Market Cap | £157.70m |
RiskGrade | 133 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Final | Final | |
Ex-Div | 10-Oct-24 | 12-Oct-23 |
Paid | 20-Nov-24 | 15-Nov-23 |
Amount | 3.50p | 2.50p |
Time | Volume / Share Price |
14:28 | 218,705 @ 329.00p |
16:35 | 26 @ 336.00p |
16:35 | 26 @ 336.00p |
13:42 | 429 @ 335.00p |
10:01 | 321 @ 336.34p |
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