QuotedData’s other news 29 November 2019

In QuotedData’s other news 29 November 2019

  • PME Africa has increased its loan from Optas Gmbh from €400,000 to €600,000 while it tries to free up cash at its account in Tanzania.
  • EIH says it has consulted its shareholders and a vast majority are in favour of de-listing its shares in the interests of saving money. This is planned for June 2020 – to give ISA holders the chance to move their shares to a wrapper that can hold unlisted stocks. There will be a circular published to convene a meeting in May 2020 to approve this.
  • Keystone’s annual results show it lagging the All-Share Index by 1.6% over the year to the end of September 2019.  The discount widened, leaving shareholders with a return of -4.1%. The dividend was increased by 3.3%. The board is disappointed that the trust has underperformed for four years but is sticking by the manager. The shares are being split on a 5 for 1 basis.

In other delisting news – Qannas plans to leave AIM

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