Logistics Development Group Provides Portfolio Update
Why we think this is neutral
The RNS announcement provides an update on Logistics Development Group's portfolio, including its net asset value and investments. While the information is relevant, it does not contain any major news that would significantly impact the company's performance or share price.
Key Points
- LDG's unaudited estimated net asset value per share was £0.223 as at 31 December 2024, a 4.43% increase compared to 30 September 2024
- LDG's investments include stakes in Finsbury Food Group, SQLI SA, and Alliance Pharma plc
- LDG is preparing to make a tender offer to return up to £21 million to shareholders
Summary
The investment company reports a moderate increase in its net asset value and provides an update on its private and listed investments.
Logistics Development Group plc (LDG) has announced its quarterly portfolio data. As at 31 December 2024, LDG's unaudited estimated net asset value per share was £0.223, reflecting a 4.43% increase compared to the prior period. The company's investments include stakes in Finsbury Food Group Ltd, SQLI SA, and Alliance Pharma plc. LDG also confirms it is preparing to make a tender offer to return up to £21 million to shareholders.
GENERAL UPDATE