Friday September 18, 2020

One51 now valued at €1.1bn

Investment company One51 has been revalued ahead of a grey market for trading in its shares at €1.12 billion, according to a document sent out to shareholders.

22nd September, 2007

Investment company One51 has been revalued ahead of a grey market for trading in its shares at €1.12 billion, according to a document sent out to shareholders.

A letter sent to One51 investors in recent days puts a value of €5.60a share on the company, which has 200 million authorised shares.

It states that an independent valuation in June valued the company’s shares at €5, which indicates an increase of 12 per cent in a...

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