Summary
ABERDEEN Development Capital underperformed its benchmark in the first half but remained on track to deliver excellent returns for investors over its five-year lifespan as a split-capital investment trust, according to its manager.
Hugh Little, of Aberdeen Asset Management, said following a run of successful realisations the trust had plenty of cash in the bank to pay to help fund the redemption of pounds-29m of zero dividend preference shares at 98.2845p each this July.See the full content of this document
Extract
Adc Trust On Track for Good Return
This compares with the price of 56p at which t...
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