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Chelverton Growth Trust Moving Ahead With Tender Offer

3rd Feb 2016 14:53

LONDON (Alliance News) - Chelverton Growth Trust PLC on Wednesday revealed a tender offer to buy up to just shy of 25% of its shares in issue.

The tender price per ordinary share will be 92.5% of the net asset value per share at the close of business on February 29.

The tender offer will be handled by Sanlam Securities UK Ltd.

Shares in the trust were up 3.5% at 45.00 pence on Wednesday afternoon.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.


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