GRIOs announcement is both sobering and usefully detailed. It sets out the complex and uncertain landscape that the management team is navigating and lays the foundations for a timely and informed investor consultation process around the Wind-Up vote (due by 23 August 2023). This consultation was signalled in the funds interim result to 31 March (published 30 June). In essence, investors are being asked if they wish to delay the wind up process so that the manager can address the issues/requirem ....
22 Dec 2022
Mapping a route forward
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Mapping a route forward
Ground Rents Income Fund PLC (GRIO:LON) | 31.0 0 0.0% | Mkt Cap: 29.7m
- Published:
22 Dec 2022 -
Author:
Charles Murphy -
Pages:
4
GRIOs announcement is both sobering and usefully detailed. It sets out the complex and uncertain landscape that the management team is navigating and lays the foundations for a timely and informed investor consultation process around the Wind-Up vote (due by 23 August 2023). This consultation was signalled in the funds interim result to 31 March (published 30 June). In essence, investors are being asked if they wish to delay the wind up process so that the manager can address the issues/requirem ....