Trading Emissions sells stake in Chapel Street Environmental

Trading Emmissions, an AIM-listed investment company, has disposed of its holding in Chapel Street Environmental, as part of its current investment policy.

Trading Emmissions, an AIM-listed investment company, has disposed of its holding in Chapel Street Environmental, as part of its current investment policy.

The sale earned the group around £2.5m, which compares to a carrying book value in the last audited financial statements at June 30th of £2.3m. The transaction brings the total proceeds received from Chapel Street Environmental during 2012 to about £3.7m.

The share price was unchanged by late morning.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

NR