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A total of 2.56 billion has already been paid to investors since the suspension of the fund from the distribution of proceeds from the sale of investments. If the proposed compensation of 235 million is paid out then investors will have recovered approximately 77p in the pound. The redress offered in the Scheme does not cover investment losses but covers losses that arose due to the conduct of LFS. Premium listing imposes higher compliance and disclosure requirements than the EU minimum requirement for a standard listed company.
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