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EKF benefits from spin-out

EKF benefits from spin-out

EKF Diagnostics (EKF) may not pay a dividend, but shareholders didn't finish last year empty-handed. The company listed Renalytix AI – the developer of artificial intelligence-enabled diagnostics for kidney disease – on the Alternative Investment Market (Aim) in November, raising £22.3m. The nearly 21m shares owned by EKF were distributed to shareholders in October and currently have a value of approximately £29.3m. EKF also bought back £940,000-worth of its own shares during the year.

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