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IN BRIEF: Yellow Cake takes 950,000 pound delivery of uranium

ALN

Yellow Cake PLC - Jersey-based investor in uranium - Takes a 950,000 pound delivery of triuranium octoxide, a compound of uranium. Delivery was from uranium supplier Kazatomprom at the Cameco storage facility in Canada. Company buys at a price of $47.58 per pound, giving a total consideration of $45.2 million. Company now holds 18.8 million pounds of triuranium octoxide in Canada and France.

Yellow Cake's estimated net asset value at June 30 was £4.33 per share.

Current stock price: 330.00 pence, up 1.5% in London on Friday

12-month change: up 22%

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