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LONDON - LMS Capital Plc, an investment company, has released a circular detailing its new strategy for a managed realization of its assets, a plan designed to optimize shareholder returns. The company has called for a general meeting on May 14, 2025, to seek shareholder approval for the proposed changes.
The move follows consultations with shareholders, culminating in the decision to adopt a new investment policy and amend the company’s articles of association. These changes will enable LMS Capital to cease new investments and begin returning capital to shareholders through a B Share Scheme during the realization period.
The circular, which serves as a notice for the upcoming general meeting at 3 Bromley Place, London, outlines the board’s unanimous recommendation for shareholders to vote in favor of the resolutions necessary to implement the new strategy. The board anticipates the managed realization process will take around two years, with the possibility of extending if needed.
An initial capital return of approximately £1.0 million is expected to be distributed to shareholders in July 2025. The success of the proposals is contingent upon the approval of the resolutions at the general meeting.
The document also provides shareholders with comprehensive information, including the rights and restrictions attached to B Shares and the potential risk factors involved. The circular is now available for review on the company’s website and has been submitted to the National Storage Mechanism for public inspection.
This strategic shift reflects LMS Capital’s focus on maximizing shareholder value and effectively managing its investment portfolio during the realization phase. The information for this article is based on a press release statement.
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