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
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
NR
-
How much should I have in emergency savings?When your boiler breaks or your car won’t start, you can find yourself paying a hefty bill. How much should you have in emergency savings to cover unexpected costs?
-
ISA investments by age: should I invest more in my stocks and shares ISA?Stocks and shares ISAs are a great way to grow long-term wealth, but are they overlooked compared to cash savings? We look the average ISA investment by age and if you should have more.
