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IN BRIEF: Gulf Investment Fund completes tender offer

ALN

Gulf Investment Fund PLC - invests in companies in Gulf Cooperation Council countries - Following closing of tender offer at the end of March, 5.2 million shares were tendered offer the offer, reflecting an 11% interest of the company's share capital as at March 21.

Minimum size condition has passed, and Gulf Investment will have 41.1 million shares issued overall.

Current stock price: $2.12

12-month change: up 46%

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