Woodford Patient Capital hit by revaluations to two holdings
Downward revaluation of Industrial Heat
Woodford Patient Capital Trust is set to be taken over by Schroders.
Link Fund Solutions has notified the board of Woodford Patient Capital that it has written down the value of IH Holdings (Industrial Heat) by 5p per share.
Link said the writedown reflected a "delay in operational progress" at the company. The revaluation has been partly offset by an upward revaluation to another holding, which Link did not name....
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