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Flagship Growth Portfolio – Amendments

We are selling our 4% holding in Virgin Money (VUK) ahead of our previously stated $4 target. We are wanting to increase cash in the short term and we view VUK as a good candidate.

VUK
MM are selling VUK in the Flagship Growth Portfolio, taking profit around $3.50
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Virgin Money UK (VUK)

We are selling our 3% holding in Emeco (EHL) having lost patience. Cutting a long term loser will (hopefully) be therapeutic! The stock has failed to embrace any market optimism.

EHL
MM are selling EHL in the Flagship Growth Portfolio, taking loss & increasing cash around 95c
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Emeco (EHL)
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