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BRIEF-IMF Bentham Confirms Receipt Of US$57.4 Mln In Cash Sale Proceeds From Sale

Published 12/02/2018, 09:13 am
Updated 12/02/2018, 09:20 am
© Reuters.  BRIEF-IMF Bentham Confirms Receipt Of US$57.4 Mln In Cash Sale Proceeds From Sale
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Feb 12 (Reuters) - Imf Bentham Ltd IMF.AX :

* CONFIRMS RECEIPT OF US$57.4 MILLION IN CASH SALE PROCEEDS FROM SALE OF MAJORITY OF ITS US INVESTMENT PORTFOLIO TO ITS US FUND.

* CO ENTITLED TO 85% OF ANY PROFITS ON SALE INVESTMENTS REALISED BY FUND 1 AFTER PAYMENT OF PREFERRED DIVIDENDS & OTHER EXPENSES OF FUND

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