API shareholders reject Custodian merger
Trust will now pursue a managed wind down instead
Trust will now pursue a managed wind down instead
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Ayaz Ebrahim had been at its helm since July 2020
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99.89% of votes were in favour of closure at a general meeting
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Elliott Investment Management previously gained two board seats at Alliance Trust
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Rob Wilkinson also discusses why the UK has been the firm’s favoured European region over the last two years
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Offer at a 10.8% premium to UKCM’s closing price on 9 February
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QuotedData analysts argue that a managed wind-down should be preferable
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One day after Urban Logistics urged shareholders to vote against it
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Analysts react to the minimum £1bn programme as SMT looks to narrow discount
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The £1.5bn trust will review its multi-manager strategy as Bell leaves after 14 years as CEO
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Operative NAV reduced to 85.02p per share from 92.08p
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Ahead of shareholder meetings on 27 March
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