Brief: Alliance Trust Sells Alliance Trust Savings For 40 Mln STG

Alliance Witan

22/10/2018 07:36

Oct 22 (Reuters) - Alliance Trust PLC  ATST.L :
    * REG-ALLIANCE TRUST PLC - SALE OF ALLIANCE TRUST SAVINGS
    * ALLIANCE TRUST PLC - TOTAL PRICE PAYABLE UNDER SALE
AGREEMENT IS
£40M
    * ALLIANCE TRUST PLC - PROCEEDS FROM SALE WILL BE INVESTED
IN
GLOBAL EQUITY PORTFOLIO
    * ALLIANCE TRUST PLC - TRUST, WHICH HAS BEEN HEADQUARTERED
IN
DUNDEE SINCE 1888, WILL CONTINUE TO BE BASED IN CITY

Source text for Eikon:  ID:nGNE7l3k7V 
Further company coverage:  ATST.L 

 ((Reuters.Briefs@thomsonreuters.com;))