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Excelsior Capital Limited ( (AU:ECL) ) has shared an announcement.
Excelsior Capital Limited has reached a settlement with London City Equities Limited regarding ongoing litigation, agreeing to realize all investments, pay out liabilities, and distribute net proceeds to shareholders through dividends and capital returns. This strategic move, subject to regulatory and shareholder approvals, will culminate in the company’s delisting from the ASX, with shareholder meetings expected in early 2026 and transactions likely between February and April 2026.
More about Excelsior Capital Limited
Excelsior Capital Limited, established in 1991 and listed on the ASX in 1993, is a Listed Investment Entity that manages an investment portfolio.
Average Trading Volume: 4,749
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$95.68M
See more data about ECL stock on TipRanks’ Stock Analysis page.