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Keystone Positive Change trust seeks shareholder consultation as it eyes merger with Baillie Gifford fund
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In a London Stock Exchange notice today (9 September), Keystone said that although «the board remains confident in the long-term prospects of the strategy», it recognises that the last few years represented a challenging period for the investment trust sector. As a result, the board has spent the last year looking at a range of solutions to enhance value for shareholders, including increased marketing activity, a share buyback programme and the introduction of a continuation vote. Baillie Gifford UK Growth eyes 'one-off' continuation vote and tender offer Keystone's share price h...
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