In QuotedData’s other news 7 August 2019 –
- Hansa Trust will be kicked out of UK indices on liquidity grounds (free float too small) when it redomiciles to Bermuda, putting some selling pressure on the stock. Effective date 29 August 2019.
- FastForward may have to sell its stake in Cryptologic after that company said it would buy recreational cannabis supplier Wayland Group – this is all legal in Canada.
- RDL Realisation closer to next distribution as it refinances loans secured by vehicle services contracts. £27.9m has been freed up. A further £4.5m is still outstanding to related entity of the vehicle services contracts platform. It should have been paid back in May. RDL is working with it to restructure this loan too and then a special distribution is on the cards.
Also Ground Rents Income has updated on its strategic review, Cambria Africa’s Paynet Zimbabwe is getting litigious, Hipgnosis has bought a catalogue from Benny Blanco, and Pantheon International has published its annual results.
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