REG-Jupiter Green Investment Trust Plc: Intention to propose a scheme of reconstruction

Jupiter Green Investment TrustAnnouncement

19/12/2024 07:15

 

Jupiter Green Investment Trust plc (the "Company")

Legal Entity Identifier: 549300MFRCR13CT1L845

 

19 December 2024

Intention to propose a scheme of reconstruction

On 25 July 2024, the Company as part of its annual results announced that the
Board was currently evaluating options for the future of the business in
recognition that it may be in the best interests of shareholders for the
Company not to continue in its present form. The Board has concluded the
evaluation of those options and considered shareholder feedback and today
announces it has decided to propose a scheme of reconstruction and voluntarily
liquidation of the Company (the “Scheme”).

Under the Scheme shareholders will have the option of electing to (a) roll
over their investment into units in Jupiter Ecology Fund, a unit trust
providing investors access to the same underlying environmental solutions
themes as the Company managed by the same investment team at Jupiter, a
superior performance profile, the daily liquidity of an open ended fund and
lower ongoing costs; or (b) an uncapped cash exit at a modest discount to Net
Asset Value.

It is expected that the Scheme will take effect during the first quarter of
2025. A shareholder circular and notice of general meetings setting out the
full details of the Scheme will be sent to shareholders in due course.

For further information, please contact:

 Jupiter Asset Management Limited   Nick Black                               T: 020 3817 1000         
 Cavendish Capital Markets Limited  Tunga Chigovanyika                       T: +44 (0) 20 7397 1915  
                                    (Corporate Finance)                                               
                                    Daniel Balabanoff/Pauline Tribe (Sales)  T: +44 (0) 20 7220 0500  

 



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