In QuotedData’s morning briefing 6 April 2022:
- Following the announcement of the preliminary results of its 2022 exchange facility last month, Third Point Investors (TPIL) will return from escrow approximately 50% of TPIL Shares to validly electing shareholders, leaving a small reserve to be held until the finalisation of the 31 March 2022 NAV in the third week of April. At that time, the precise number of Master Fund Shares exchanged will be disclosed to participating shareholders and the balance of TPIL Shares held as a reserve will be returned.
We also have final results from Baillie Gifford China Growth, Mercantile and Gresham House Energy Storage and an update from Palace Capital.