In a stock exchange notice on Thursday (12 October), EOT said it will issue a tender offer for 25% of its share capital if performance is not equal or exceeds the MSCI Europe index TR's total return from 1 June 2023. The tender offer will be priced at the prevailing net asset value at the time of repurchase — adjusted for the costs associated with the tender offer — less 2%. The proposal comes ahead of the trust's continuation vote at its annual general meeting on 15 November. The conditional tender offer proposal will also be voted on at the meeting, as well as at the 2026 AGM. ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.uk