The board of the £37.8m Exeter-managed Dartmoor Investment Trust is in discussion with creditors aft...
The board of the £37.8m Exeter-managed Dartmoor Investment Trust is in discussion with creditors after revealing the trust's liabilities, including potential breakage costs relating to its borrowings, now exceed the value of its assets on a bid-price basis. Shares in Dartmoor, which invested mainly in split-cap shares, were suspended last week pending clarification of the trust's financial position.
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