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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Alliance Trust Plc | LSE:ATST | London | Ordinary Share | GB00B11V7W98 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.00 | -0.16% | 1,226.00 | 1,224.00 | 1,226.00 | 1,232.00 | 1,216.00 | 1,232.00 | 170,363 | 15:31:01 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Trust,ex Ed,religious,charty | 609.05M | 599.67M | 2.1118 | 5.81 | 3.49B |
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Conversion of Merger Reserve Update
Alliance Trust (the Company) announces that, following the approval by
shareholders at the Company's Annual General Meeting held on 22 April
2021, the Court process to convert its GBP645m Merger Reserve as
described in the Company's Notice of Annual General Meeting (which is
available on the Company's website www.alliancetrust.co.uk) into a
distributable reserve has commenced. Following a hearing at the Court of
Session earlier today the Court has ordered that the Company advertise
its petition and seek answers thereto. Following that advertisement and
the fixing of the date for the final hearing, the Company will announce
the expected timetable for the capitalisation of its Merger Reserve by
way of bonus issue and its subsequent reduction.
For more information, please contact:
Mark Atkinson Sarah Gibbons-Cook
Head of Marketing and Investor Relations
Alliance Trust PLC Quill PR
Tel: 07918 724303 Tel: 020 7466 5050 /
AllianceTrust@quillpr.com
(END) Dow Jones Newswires
May 12, 2021 08:54 ET (12:54 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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