• NAV at the year end of 44.41p per share (2020: 46.35p), after dividend payments totalling 3.00p per share during the year
• Deployment of £6.91 million during the year, including new investments in 20 private and AIM quoted companies
The financial year to 28 February 2021 has been a period of significant challenge and uncertainty dominated by the COVID-19 pandemic. This public health crisis has had a wide-reaching impact across our society, and the Directors thoughts are with all of those who have been affected.
Despite the economic disruption experienced during the year, it is encouraging to report that your Company has continued to make positive progress, with NAV total return increasing to 144.32p per share. This reflects the strength and resilience of the investee portfolio, where most companies successfully adjusted their business models to enable them to continue to operate under the lockdown restrictions. Further progress
Pathway Health Corp. Announces TSXV Conditional Approval and Filing Statement for Its Qualifying Transaction with Pathway Health Corp., and Closing of Qualifying Transaction
Pathway or the
Company ) is pleased to announce that it has received conditional approval from the Exchange for the closing of, and has completed its previously announced
Qualifying Transaction (as defined in Policy 2.4 of the TSX Venture Exchange (the
Exchange ) involving a share exchange transaction (the
Transaction ) pursuant to which the Company acquired all of the issued and outstanding shares of Pathway Health Services Corp. (formerly Pathway Health Corp.) (
Old Pathway ) in exchange for common shares in the capital of the Company. As a result of the Transaction, Old Pathway became a wholly-owned subsidiary of the Company. In addition, the Company is pleased to announce the exchange of the subscription receipts (
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