London Finance & Investment Group Plc - Disposal of stock market investments
PR Newswire
LONDON, United Kingdom, November 05
LONDON FINANCE & INVESTMENT GROUP PLC
5 November 2024
LONDON FINANCE & INVESTMENT GROUP PLC
("Lonfin", "the Company" or "the Group")
Disposal of stock market investments
London Finance & Investment Group PLC (LSE: LFI, JSE: LNF), the investment company whose assets consist primarily of a General Portfolio of global equity stocks, advises that it has disposed of all of its stock market investments. Cash balances as at
4 November 2024 of £23,226,000.00 are currently held on short-term fixed deposits in Sterling and US dollars earning interest at rates of approximately 4.7% pa.
This announcement is made in accordance with Article 19 of the UK Market Abuse Regulation ('MAR').
The directors of the Company accept responsibility for the contents of this announcement.
For further information, please contact:
London Finance & Investment Group PLC: 020 3709 8740
Warwick Marshall/Edward Beale)
JSE Sponsor
Questco Corporate Advisory Proprietary Limited
Tel: +27 63 482 3802
