At the end of September 2020, Ken Wotton became the lead manager of Strategic Equity Capital (SEC) and, during the ten months since, SEC has provided NAV and share price returns that are significantly ahead of the MSCI UK Smaller Companies and even the broader MSCI UK Index (see pages 16 and 17). Despite this, and a comprehensive discount reduction plan (see pages 3 and 4), which now includes contingent tender offers in both 2022 and 2024, the discount has reduced but is still material.
10 Sep 2021
Headed in the right direction
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Headed in the right direction
Strategic Equity Capital plc (SEC:LON) | 0 0 0.0% | Mkt Cap: 153.8m
- Published:
10 Sep 2021 -
Author:
James Carthew | Matthew Read | Jayna Rana -
Pages:
24
At the end of September 2020, Ken Wotton became the lead manager of Strategic Equity Capital (SEC) and, during the ten months since, SEC has provided NAV and share price returns that are significantly ahead of the MSCI UK Smaller Companies and even the broader MSCI UK Index (see pages 16 and 17). Despite this, and a comprehensive discount reduction plan (see pages 3 and 4), which now includes contingent tender offers in both 2022 and 2024, the discount has reduced but is still material.