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VH Global Energy Infrastructure ( (GB:ENRG) ) has provided an update.
VH Global Energy Infrastructure plc has announced the publication of a circular to shareholders outlining a proposed asset realisation strategy. This strategy involves the adoption of a new investment objective and policy, the approval of a related party transaction, and changes to the remuneration policy. The plan aims to liquidate the company’s portfolio within three years, returning capital to shareholders and ultimately dissolving the company. Victory Hill, the current investment manager, will oversee the asset sales, incentivized by a performance fee structure to maximize returns. The strategy is expected to address shareholder concerns over share price discounts and provide potential for significant returns.
More about VH Global Energy Infrastructure
VH Global Energy Infrastructure plc operates within the energy infrastructure sector, focusing on investments in a geographically and technologically diverse portfolio. The company aims to maximize shareholder value through strategic asset management and realisation.
Average Trading Volume: 538,408
Technical Sentiment Signal: Hold
See more insights into ENRG stock on TipRanks’ Stock Analysis page.