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This therapy reflects the Board’s lengthy-time period expectations that the entitlements of the Zero Dividend Preference shareholders might be happy out of features arising on investments held primarily for capital development. All ‘regular method’ purchases and gross sales of financial property are recognised on the ‘commerce date’, i.e. the day that the Group commits to purchase or sell the asset.
- Weighing in on how travel and leisure shares are faring around the world, with Jake Fuller, Lazard Capital Markets analyst.