In QuotedData’s morning briefing 29 November 2024:
- Bellevue Healthcare (BBH) has announced the redemption price for its annual redemption opportunity at 154.76p per share. This was calculated as the aggregate cash received by BBH from the realisation of the redemption pool, after deducting the costs of the redemption, and a pro-rata share of the costs and expenses of BBH not attributable to a particular pool, divided by the number of redemption shares. It also includes dividends and bank interest received. BBH expects to despatch payments around 20 December 2024. BBH says that its board engaged a third party to undertake sanctions checking in order to satisfy itself that no beneficial owner appears on the UK Sanctions Register or other prohibited register as they are required to do in accordance with UK legislation. It adds that a small percentage of shareholders that have applied to participate in the redemption process have not responded to multiple contact attempts and will not receive payment. BBH says that it will continue to withhold payment until such time as this confirmation is received.
We also have:
Harmony Energy Income Trust (HEIT) extends asset sale process by one month
