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London Finance & Investment Group PLC - London-based investment finance and management company - Says its shares will be suspended from the London Stock Exchange and the Johannesburg Stock Exchange on Thursday next week. Says it will delist from the LSE on Friday. Also says its capital reduction will be effective on May 12. Notes that it will formally exit the JSE on May 20. London Finance & Investment had said late in February shares would be suspended from trading on the London Stock Exchange on Thursday this week before delisting from this exchange on Friday. The company said on Tuesday the High Court of England & Wales had sanctioned the capital reduction. Late last month, shareholders approved the plan to return an estimated 71 pence per share in cash to them at a general meeting. Current stock price in Johannesburg: R 15.10 12-month change: up 26% Current stock price in London: 80.00 pence 12-month change: up 80% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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