21 March 2023 - further investment in Alliance Pharma

The company has announced that it has added to its holding in Alliance Pharma, the AIM- listed international healthcare group, through the acquisition of another 10.16m shares at an average price of 66.83p.  This takes its holding in the company to almost 29m shares representing 5.36% of the equity.  Co-incidentally, Alliance Pharma has announced its results today and we have commented on these elsewhere.   Shares in LDG remain at a significant discount to its net asset value per share and the company is therefore looking to buy back . . .

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