12th Oct 2026 21:58
Lindsell Train Investment Trust PLC - investment trust created by Michael Lindsell and Nick Train, and managed by Lindsell Train Ltd, that invests for long-term total returns while maintaining real purchasing power of capital in sterling terms - Announces results of the tender offer at 637.29 pence per share, being 95% of its net asset value per share on October 9. 6.5 million shares are validly tendered, representing 32.5% of its issued share capital. The maximum number of shares available to be acquired under the tender offer was 4.0 million. Following a scale-back exercise, shareholders who validly tendered a number of shares greater than their basic entitlement are to have a number of shares equal to their basic entitlement purchased in full plus 20.89% of their excess applications None of the independent directors nor the investment manager founders have participated in the tender offer. Read More
