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IN BRIEF: Jade Road proposes change in investing policy

ALN

Jade Road Investments Ltd - investment company that looks to provide exposure to alternative investments - Proposes change to investing policy, to be primarily focused on and weighted towards mid/late-stage technology investments, with a ‘lesser weighting on earlier stage technology investments’. ‘With respect to early-stage investments, the company shall ensure that, on a cumulative basis, such investments do not represent more than 25% of the company’s net asset value immediately following the relevant transaction,’ it adds. Shareholders will vote on the policy change at a general meeting on October 28.

Current stock price: 1.00 pence

12-month change: down 43%

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