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Investegate |Yellow Cake PLC Announcements | Yellow Cake PLC: Annual Results for the year ended 31 March 2021


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Buyback of 4,156,385 ordinary shares in the Company (now held in treasury) between January 2020 and October 2020 for a total consideration of USD11.5 million (GBP8.9 million) at a volume weighted average price of GBP2.13 per share (USD2.75 per share) in a share buyback scheme. The shares were acquired at a volume weighted average discount to net asset value of 21%, effectively acquiring exposure to uranium at a discount to the commodity spot price
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4) as at 31 March 2021 (2020: USD267.1 million (GBP2.45 per share))
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3O
8 spot price continued to rise, increasing to USD32.35/lb on 12 July 2021, and the value of the Company s U ....

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