Brief: Lendinvest Says Sale Of Residual Economic Interest To Generate FY2024 Net Pre-Tax Gain Of C£12.1 Mln
05/01/2024 07:14
Jan 5 (Reuters) - Lendinvest PLC LINV.L :
* SALE OF RESIDUAL ECONOMIC INTEREST IN RMBS
* TRANSACTION WILL GENERATE A NET PRE-TAX GAIN OF C£12.1
MILLION
FOR FY2024
* TRANSACTION WILL RESULT IN A REDUCTION IN GROUP'S GROSS
LOANS
AND ADVANCES OF C£392 MILLION
Source text for Eikon: ID:nRSE7185Ya
Further company coverage: LINV.L
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