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Travel Accessories
The Company’s shares are geared by the Zero Dividend Preference shares and ought to be regarded as carrying above average threat, since a optimistic NAV for the Company’s shareholders might be dependent upon the Company’s assets being enough to satisfy those prior final entitlements of the holders of Zero Dividend Preference shares. As a consequence of the gearing, a decline within the value of the Company’s investment portfolio will lead to a higher share decline in the NAV of the Ordinary shares and vice versa. The Board recognises that the pandemic is impacting economies and financial markets worldwide. It has already resulted in a decrease in value of the Company’s investments and may impact the Company’s revenues within the forthcoming year and into the future.
If the share price is greater than the NAV per share, the shares are said to be trading at a premium. Shareholders’ funds …

