Overview
RENN Universal Growth was a US smaller companies trust but it is now selling off its portfolio and returning the proceeds to shareholders
News
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26 Nov 2014 1 min read
RENN Universal Growth planning liquidation
RUG : RENN Universal Growth planning liquidation RENN Universal Growth has published its interim results and announced that the Board intends to put a proposal to shareholders that the fund be liquidated. RENN has been selling off its portfolio for some time and now has just five significant investments, the largest of which is Anchor Free […]
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11 Oct 2014 1 min read
RENN Universal Growth plans liquidation
RUG : RENN Universal Growth plans liquidation RENN Universal Growth plans to ask shareholders to approve putting the company into voluntary liquidation. The Board is keen to enact this before selling off more of RUG’s portfolio so as not to lose the benefit of RUG’s investment trust status. The statement says “while the Manager continues […]
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23 Jun 2014 1 min read
RENN Universal Growth : RUG – annual report
RENN Universal Growth has published its annual accounts covering the year to the end of March 2014. Over the period the net asset value rose in US dollar terms but fell as Sterling strengthened against the dollar (up 2.1% in US dollars and down 7% in pounds). The Board directors decided to prepare the accounts on a […]