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Highbridge Tactical Credit Fund Ltd - credit investment fund - Net asset value per share £2.4538 at end of December, down from £2.5009 a year before. Distributions to shareholders during the year amounted to £59.0 million. Firm received shareholder approval for managed wind-down at end of 2020. ‘Your board continues to do its utmost to ensure that shareholders and creditors receive maximum returns from all the company's remaining interests,’ it says. Adds that it decided accounting period should be extended to June 30 to allow maximum permitted additional time under UK listing rules and Guernsey law for the Securities Exchange Commission to respond on whether AllBlue investors will be entitled to a distribution from the Fair Fund and for Highbridge to liquidate the remainder of the HMSF portfolio.
Current stock price: 243.00 pence
12-month change: down 0.8%
By Lucy Heming; lucyheming@alliancenews.com
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