Fat Prophets Global Property Fund announces an Equity Buyback for 2,277,833, representing 10% of its issued share capital.
December 31, 2021 at 05:00 am
Fat Prophets Global Property Fund announces a share repurchase program. Under the program, the company will repurchase up to 2,277,833, representing 10% of its issued share capital. The program is aimed at capital management. The program will commence on January 15, 2022 for up to 12 months from commencement. As of December 31, 2021, the company has 22,778,334 shares in issue.
EL & C Baillieu acted as broker to the company.