Atlantis Japan Growth rises on plans to combine assets with Nippon Active Value

Atlantis Japan Growth Fund

11/08/2023 11:12

** Shares of Atlantis Japan Growth Fund  AJG.L  up as much
as 8.6% at 176p; highest in almost two months 
    ** Co says heads of terms agreed for proposed combination of
assets with those of Nippon Active Value Fund  NAVF.L  
    ** Stock among top pct gainers across LSE
    ** AJG says shareholders will be offered cash exit up to 25%
of shares in issue 
    ** If gains hold, AJG set to post biggest one-session gain
since October 2021
    ** As of last close, stock down 9.7% YTD


    
   

 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com;))