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Share Name Share Symbol Market Type Share ISIN Share Description
Manchester & London Investment Trust Plc LSE:MNL London Ordinary Share GB0002258472 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 0.64% 626.00 620.00 632.00 638.00 622.00 622.00 27,443 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.8 -3.2 - 226

Manchester & London Investment Trust Plc - Shareholder Benefits

25/06/2020 11:49am

PR Newswire (US)


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MANCHESTER AND LONDON INVESTMENT TRUST PLC

(the “Company” or “MLIT”)

25 June 2020


Shareholder Benefits

The company owned two centre court debentures which were the subject of an annual draw that shareholders owning more than 2,500 shares could win. 

After the AELTC cancelled the competition this year, the Manager consulted with a number of Shareholders as to whether it would be better to sell the Debentures and cease providing this shareholder benefit.  A majority of respondents agreed that the benefits were now potentially outweighed by the costs (including risk of cancellation and further waves of Virus outbreaks) and so the Debentures have been sold. 

This shareholder benefit will not be offered in future periods.

Proceeds from the sale will be reinvested in the portfolio.

For enquiries:

Manchester and London Investment Trust PLC               0207 584 5733

M&L Capital Management Limited                                  0207 584 5733

LEI: 213800HMBZXULR2EEO10

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