Santumas Shareholdings plc - ‘COVID-19’ Market Update
On 7 April 2020, Santumas Shareholdings plc issued an announcement providing an update on how ‘COVID-19’ is impacting its business. In this respect, the Company explained that the results for the financial year ending 30 April 2020 are likely to be negatively impacted by the downturn in equity markets. Furthermore, the operations of the company in the property segment are continuing at a lower momentum and this may lead to some valuation adjustments.
Santumas Shareholdings plc will continue monitoring the situation on an ongoing basis and will keep the market updated as necessary.