The latest update is out from London Finance & Investment ( (GB:LFI) ).
London Finance & Investment Group PLC, known as Lonfin, has announced that the High Court of England & Wales has sanctioned the reduction of its share capital by cancelling 30,287,479 ordinary shares. This decision follows shareholder approval from a general meeting held in March 2025. The capital reduction will lead to a distribution of £0.7153 per share to shareholders as of the relevant record dates. However, due to delays at Companies House, the effective date of the capital reduction will be postponed, and shareholders will be informed of the new dates and other relevant details through official announcements.
Spark’s Take on GB:LFI Stock
According to Spark, TipRanks’ AI Analyst, GB:LFI is a Neutral.
London Finance & Investment’s overall score reflects strong financial health and attractive valuation but is significantly weighed down by technical indicators suggesting overbought conditions and the negative impact of corporate events. The planned capital return and delisting signal a cessation of growth, which tempers its investment appeal.
To see Spark’s full report on GB:LFI stock, click here.
More about London Finance & Investment
YTD Price Performance: 21.43%
Average Trading Volume: 12,749
Technical Sentiment Signal: Sell
Current Market Cap: £26.53M
See more data about LFI stock on TipRanks’ Stock Analysis page.