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IN BRIEF: JPMorgan Brazil Investment Trust Liquidation Approved

16th Nov 2020 13:07

JPMorgan Brazil Investment Trust PLC - invests in Brazilian mid and small cap growth stocks - Shareholders at general meeting approve voluntary liquidation of the company, and Ernst & Young LLP is appointed as liquidator. Trading in shares on London Main Market is suspended from Monday ahead of cancellation on Tuesday. The trust's portfolio is expected realised for cash no later than Wednesday next week.

Current stock price: 64.50 pence; GBP21.6 million market cap

Year-to-date change: down 13%

By Tom Waite; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.

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