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Logistics Development Group Reports NAV Increase and Strategic Portfolio Moves

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Logistics Development Group Reports NAV Increase and Strategic Portfolio Moves

Confident Investing Starts Here:

Logistics Development Group ( (GB:LDG) ) has issued an announcement.

Logistics Development Group plc reported a 4.43% increase in its net asset value per share as of December 31, 2024, reflecting positive portfolio performance. Key highlights include strategic moves such as DBAY’s successful tender offer to take SQLI private and an increased offer for Alliance Pharma, indicating a strong market positioning. LDG is also preparing a tender offer to return up to £21 million to shareholders, showcasing its commitment to shareholder value.

More about Logistics Development Group

Logistics Development Group plc (LDG) operates in the investment industry, focusing on managing a diverse portfolio through its wholly owned subsidiary, Fixtaia Limited. The company’s primary investments include Finsbury Food Group Ltd, a specialty bakery business, SQLI SA, a pan-European IT services company, and Alliance Pharma plc, a global healthcare platform.

YTD Price Performance: 3.85%

Average Trading Volume: 631,616

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £70.47M

Learn more about LDG stock on TipRanks’ Stock Analysis page.

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