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Sherborne Investors (Guernsey) C Ltd - Guernsey-based investment firm - Reports financial results for six months to June 30. Net asset value per share down 20% on-year to 65.00 pence from 81.50 pence. At August 31 it estimates NAV of 71.00 pence per share. Reports net loss of £108.0 million, swung from £52.4 million gain a year prior. Has loss per share of 15.43 pence, swung from earnings per share of 7.48 pence. Net current asset position at June 30 is £600,000. Further, company declares 0.50 pence dividend unchanged from last year, payable October 4. Says plans to pay further 0.50 pence dividend following the publication of this year’s financial results. ‘Principal risks and uncertainties of the company are in relation to performance risk, market risk, relationship risk and operational risk’ which is unchanged from December 31 Sherborne says. Current share price: 49.30 pence, closed down 2.1% in London on Wednesday 12-month change: down 19% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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