Triple Point Energy Efficiency Infrastructure Company PLC ( (GB:TENT) ) just unveiled an update.
Triple Point Energy Transition PLC has updated its liquidation timetable in response to shareholder feedback, particularly concerning shares held in Individual Savings Accounts (ISAs). If the proposed liquidation is approved at the upcoming General Meeting, the shares will be suspended from trading, with the cancellation of their listing on the London Stock Exchange occurring post the initial distribution to shareholders. This revision ensures that shares remain qualifying investments for ISA purposes until after the distribution. Stakeholders are encouraged to vote on the resolutions, with the outcome potentially impacting the company’s market presence and shareholder value.
More about Triple Point Energy Efficiency Infrastructure Company PLC
Triple Point Energy Transition PLC is an investment trust focused on investing in assets that support the transition to a lower carbon and more efficient energy system, aiding the UK in achieving its Net Zero goals. The company is managed by Triple Point Investment Management LLP, known for its expertise in energy transition and decentralised energy projects.
YTD Price Performance: 0.22%
Average Trading Volume: 379,920
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £45.21M
For a thorough assessment of TENT stock, go to TipRanks’ Stock Analysis page.