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AssetCo to overhaul share structure under plans to rebrand as River Global
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investmentweek.co.ukIn a stock exchange notice today (28 January), the firm said it intends to divide its existing ordinary shares into two categories, A ordinary shares and B shares. According to AssetCo, holders of A ordinary shares will continue to benefit from the same economic interests as at present, while owners of B shares will be entitled to AssetCo's economic interest in Parmenion. AssetCo seeks rebrand and spinoff of Parmenion shares amid falling AUM Shareholders will vote on the share reorganisation scheme at a general meeting on 6 March 2025 in London. «The share reorganisation will b...
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