Dunedin Enterprise Investment Trust PLC - UK mid-market private equity house - Proposes to return £41 million to shareholders through buyback scheme having realised investments in Incremental Group and Red Commerce Ltd. Price of tender offer to be announced November 1 alongside September 30 NAV per share. Price will be 1% discount to NAV per share as at September 30. The maximum number of purchased will be calculated by dividing £41 million by the tender price. Also announces interim dividend of 34 pence per share.

Current stock price: 545.00 pence, up 7.4% in London on Friday

12-month change: up 12%

Copyright 2022 Alliance News Limited. All Rights Reserved.