Today news
About the same in other media
Smithson investment trust performs volte-face to offer continuation vote
Reading now: 620
In a stock exchange notice today (6 March), the board said an ordinary resolution in favour of continuation will be included in the notice of the AGM, requiring 50% of votes to be cast in favour to pass. The trust's prospectus states that a discontinuation vote would be considered if the discount is in excess of 10% in any year. The vote would be introduced as a special resolution, requiring 75% of votes cast to trigger a reconstruction. Chrysalis faces shareholders with continuation and fee votes set for March Despite Smithson trading at an average discount of 10.7% in 2023, the b...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
GRIT investment trust suspends shares due to inability to 'meet ongoing obligations' investmentweek.co.uk /2 months ago
Which investment is 100% tax-free: 3 tax-saving investment options for tax-free income economictimes.indiatimes.com /2 months ago
Tata AIA Investment Plans: Performance delivery, right from the start livemint.com /2 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
