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.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till