REG - Henderson Euro Trust - Update on Board Review

Henderson European TrustAnnouncement

13/05/2025 11:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250513:nRSM4727Ia&default-theme=true

RNS Number : 4727I  Henderson European Trust Plc  13 May 2025

HENDERSON EUROPEAN TRUST PLC

 

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

 

LEGAL ENTITY IDENTIFIER: 213800GS89AL1DK3IN50

 

13 May 2025

 

 

HENDERSON EUROPEAN TRUST PLC

(the "Company")

 

UPDATE ON BOARD REVIEW

 

The Board of Henderson European Trust plc announced on 3 February 2025 that,
in light of the resignation from Janus Henderson Investors ("JHI") of the
Company's two co-portfolio managers, it intended to solicit shareholder views
on the strategic direction of the Company and to review the Company's position
with regards to the feedback received.

 

The Board subsequently resolved to undertake a comprehensive review of the
Company's options and engaged Deutsche Numis, the Company's corporate broker
and financial adviser, to provide advice and manage the process, and brought
in WTW, an investment consultant, to provide analysis, perspective and opinion
on the investment component.

 

This review is now at an advanced stage, including consideration of a proposal
from JHI, and the Board intends to provide a substantive update in the
Company's half-year results announcement scheduled for publication by the end
of June.

 

For further information, please contact:

 

 Vicky Hastings

 Chair of the Board

 Henderson European Trust plc

 Via Deutsche Numis

 Deutsche Numis, Corporate Broker and Financial Adviser

 Nathan Brown

 Telephone: 020 7547 0569

 Matt Goss

 Telephone: 020 7260 1642

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDPKNBBKBKDDPD