Petershill Partners

Petershill Partners shareholders overwhelmingly approved a $921 million capital return and the delisting of ordinary shares from the London Stock Exchange. Key resolutions received approval rates of 93.17% (Scheme Resolution) and 99.38% (Reduction of Capital and Delisting). The board proposed the measures after reviewing strategic options; court approval and a hearing are scheduled for 2 December, and if approved the capital return is expected to take effect on 4 December with the delisting effective on 5 December. » Altro su de.investing.com

Crown Sigma has reduced its irrevocable commitment to the planned $921 million capital return and on 9 October sold a further 2,685,442 ordinary shares. Crown’s obligation now relates to 5 million shares (approx. 0.46% of issued capital or 2.25% of the free float). Petershill reports that, together with other commitments and a non-binding letter of intent, around 1.60% of issued capital or 7.82% of the free float are now expected to vote in favour of the court‑approvable scheme of arrangement; the proposal also provides for a cancellation of shares and a delisting. » Altro su de.investing.com

Petershill Partners plans a $921m capital return to minority shareholders and a withdrawal from the London Stock Exchange; the offer is 35% above the last closing price. The cash payout comprises 415 cents per share, financed from cash, deferred disposal proceeds and new debt, plus an announced interim dividend of 5.2 cents, bringing the total payout to 420.2 cents per share. In H1 2025 distributable partner profits rose to $152m (+9%) and adjusted profit after tax to $124m; the company confirmed its 2025 guidance, expecting organic inflows to fee AUM of $20–25bn. » Altro su de.investing.com