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H&G High Conviction Distributes 63.7M Shares, Eyes Delisting and New Strategies
6:14am on Monday 2nd of June, 2025 AEST
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Financial Services
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H&G High Conviction Distributes 63.7M Shares, Eyes Delisting and New Strategies
6:14am on Monday 2nd of June, 2025 AEST
Key Points
Completed divestment of nearly all assets to Hancock & Gore Limited
Distribution of 63,688,260 H&G shares in-specie to HCF shareholders on April 30, 2025
Retention of approximately $300,000 cash for liabilities and transaction costs
Post-distribution, HCF holds minimal assets and considers delisting or alternative value creation
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H&G High Conviction (ASX:HCF)
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