TRAVEL – What Do Those Stats Really Mean?

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The German DAX Stock Market Index increased three.6{cd8214edf223f50db3e97f57df2f42a334faed3f95dba4d4d7896a2a8432f224}, persevering with its comparatively good kind as buyers look to China proxies in Europe. The FTSE a hundred Index was the week’s laggard, closing flat, with the pound up 1{cd8214edf223f50db3e97f57df2f42a334faed3f95dba4d4d7896a2a8432f224} in opposition to the US dollar via the week, muting positive aspects within the exporter-heavy index. In phrases of sectors, travel and leisure led the way, up 4.5{cd8214edf223f50db3e97f57df2f42a334faed3f95dba4d4d7896a2a8432f224}, as sentiment improved on mobility around Europe this summer season. However, we might notice that this outperformance in the house comes from a really low base.

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On 11 April 2018, SDVP issued a further 1,419,917 Zero Dividend Preference shares at 103p per share (a premium of 3p per share) and internet proceeds of £1,500,000. On the 10 and 15 May 2018, SDVP issued a further 100,000 and 200,000 Zero Dividend Preference shares at 104p per share (a premium of 4p per share), and net proceeds of £313,000. Pursuant to a mortgage settlement between SDVP and the Company, SDVP has lent the proceeds of the placing to the Company. The loan is non-curiosity bearing and is repayable three enterprise days before the Zero Dividend Preference share redemption date of 30 April 2025 or, if required by SDVP, at any time prior to that date in order to repay the Zero Dividend Preference share entitlement. The funds are to be managed in accordance with the investment policy of the Company.

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