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An announcement from VH Global Energy Infrastructure ( (GB:ENRG) ) is now available.
VH Global Energy Infrastructure plc has announced a Proposed Asset Realisation Strategy to sell its portfolio assets, aiming to maximize shareholder value. The strategy involves retaining Victory Hill Capital Partners LLP as the investment manager to oversee the asset sales and align their interests with shareholders through a performance fee structure. The plan is expected to be completed within three years, after which the company will de-list and liquidate, returning capital to shareholders. This move addresses shareholder concerns about the company’s share price discount to NAV and aims to provide material returns.
More about VH Global Energy Infrastructure
VH Global Energy Infrastructure plc operates in the energy infrastructure sector, focusing on managing a portfolio of geographically and technologically diverse assets. The company aims to maximize shareholder value through strategic asset management and investment strategies.
Average Trading Volume: 760,050
Technical Sentiment Signal: Sell
Find detailed analytics on ENRG stock on TipRanks’ Stock Analysis page.