US EditionChelverton UK Dividend – ZDP placing cancelled, liquidation of SDV 2025 ZDP Co to proceed - QuotedData
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Chelverton UK Dividend – ZDP placing cancelled, liquidation of SDV 2025 ZDP Co to proceed - QuotedData
Chelverton UK Dividend Trust (SDV) has announced that the proposed placing of new zero dividend preference shares (ZDPs) in 2031 ZDPCo will not proceed due to insufficient demand amid continued market volatility. As a result, the previously proposed Scheme of Reconstruction has also been cancelled. Despite some investor support, the challenging market backdrop has led …
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