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  3. Alliance Trust Share Price
  4. Alliance Trust Share Regulatory News
  5. Alliance Trust PLC - Conversion of Merger Reserve Update

Pin to quick picksAlliance Trust Regulatory News (ATST)

Alliance Trust Information

Share Price Information for Alliance Trust (ATST)

London Stock Exchange
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Share Price: 1,204.00
Bid: 1,202.00
Ask: 1,206.00
Change: -6.00 (-0.50%)
Spread: 4.00 (0.333%)
Open: 1,212.00
High: 1,214.00
Low: 1,202.00
Prev. Close: 1,210.00
ATST Live PriceLast checked at -
Alliance Trust is an Investment Trust

To deliver a real return over the long term through a combination of capital growth and a rising dividend by investing primarily in global equities across a wide range of different sectors and industries.

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Alliance Trust PLC - Conversion of Merger Reserve Update

12 May 2021 13:54

Alliance Trust PLC - Conversion of Merger Reserve Update

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 £645m 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 AtkinsonHead of Marketing and Investor Relations Sarah Gibbons-Cook
Alliance Trust PLC Quill PR
Tel: 07918 724303 Tel: 020 7466 5050 / AllianceTrust@quillpr.com

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