CIP Merchant Capital Limited NPV (CIP)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 47.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 62.50
  • 52 Week Low: 41.00
  • Currency: UK Pounds
  • Shares Issued: 55.00m
  • Volume: 0
  • Market Cap: £26.13m
  • RiskGrade: 138

CIP Merchant Capital syndicates minority stake in Italy vet clinic chain

By Josh White

Date: Monday 24 Jun 2019

LONDON (ShareCast) - (Sharecast News) - CIP Merchant Capital announced on Monday that, further to its announcement on 7 December last year regarding its investment in private Italy veterinary clinics chain 7Star, it had now successful syndicated a minority stake of its aggregated investment in 7Star to certain investors.
The AIM-traded firm said that, under the syndication, the firm's investment in 7Star would be reduced by €1.7m from €6.11m to €4.41m.

It said the resulting interest would be split €1.88m as equity and €2.53m as an interest free loan.

"Following the syndication, the company's economic interest in 7Star will therefore reduce from 49% to 35.4%, though the company will retain control of the voting rights over the shares transferred pursuant to the syndication," the board said in its statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CIP Market Data

Currency UK Pounds
Share Price 47.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 62.50
52 Week Low 41.00
Volume 0
Shares Issued 55.00m
Market Cap £26.13m
RiskGrade 138

CIP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
36.14% above the sector average36.14% above the sector average36.14% above the sector average36.14% above the sector average36.14% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
84.96% below the sector average84.96% below the sector average84.96% below the sector average84.96% below the sector average84.96% below the sector average
Income Not Available
Growth Not Available

CIP Dividends

No dividends found

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

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