CEO resignation. The new strategic investor should ensure that the investments underlying the equity portion of the NAV will continue to grow strongly. The dividend payment has been clarified at half the current level where we expect it to be covered by cash earnings and it will remain payable quarterly. The prospects for the fund management business are also improved from the involvement of the strategic investors involvement.

21 Dec 2015
Panmure Research - GLI Finance Flash 21-12-15

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Panmure Research - GLI Finance Flash 21-12-15
Sancus Lending Group Limited (LEND:LON) | 0.5 0 0.0% | Mkt Cap: 2.92m
- Published:
21 Dec 2015 -
Author:
Jeremy Grime -
Pages:
3 -
CEO resignation. The new strategic investor should ensure that the investments underlying the equity portion of the NAV will continue to grow strongly. The dividend payment has been clarified at half the current level where we expect it to be covered by cash earnings and it will remain payable quarterly. The prospects for the fund management business are also improved from the involvement of the strategic investors involvement.