28th Jul 2025 13:18
Schroders Capital Global Innovation Trust PLC - investment trust in managed wind-down - A total of 542.2 million shares, 67.1% of total shares in issue, are tendered by shareholders in oversubscribed tender offer. Company will buy back 173.2 million of these at 21.12 pence per share, which is equal to its net asset value on May 31, less the costs of the tender. The final tender price is unchanged from the indicative price. The tender is worth GBP36.6 million.
Current stock price: 14.43p, up 0.6% in London on Monday for GBP91.7 million market capitalisation
12-month change: up 29%
By Tom Waite, Alliance News editor
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Schroders Capital Global Innovation Trust