REG - Murray Inc Trust PLC - Strategic Review

Murray Income TrustAnnouncement

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RNS Number : 5118P  Murray Income Trust PLC  03 July 2025

Murray Income Trust PLC ("the Company")

Legal Entity Identifier (LEI):  549300IRNFGVQIQHUI13

 

3 July 2025

 

Strategic Review

 

The Board of Murray Income Trust PLC (the "Company"), the FTSE 250 investment
company with net assets of approximately £931m which has as its investment
objective the provision of a high and growing income combined with capital
growth through investment principally in UK equities, announces that it is
today commencing a strategic review of the options available to the Company in
the pursuit of delivering improved performance and returns for its
shareholders, whilst continuing to provide an attractive yield from a
portfolio predominantly focused on UK equities.

 

The Board regularly evaluates the Company's performance, which for some time
has been below the Board's expectations and has contributed to the persistent
discount to NAV. The Board has recently undertaken a detailed review of
performance, including engaging with its investment manager, Aberdeen, in
order to better understand the factors behind the Company's underperformance.
Following this, the Board has concluded that it is now appropriate to
undertake a wider strategic review.

 

Investec Bank has been appointed by the Board to assist it in a review of the
Company's strategic options, including the Company's future investment
management arrangements. The Board welcomes proposals for the future of the
Company from its current investment manager, alongside proposals from third
party investment managers and other investment companies.

 

The Board will make further announcements in due course.

 

For further information, please contact:

 

 Murray Income Trust PLC

 Peter Tait (Chair) - enquiries via Camarco

 Camarco (PR Adviser to Murray Income Trust PLC)
 Jennifer Renwick                                             T: 07928 471013

 Ed Gascoigne-Pees                                            T: 07884 001949

 Investec Bank plc (Financial Adviser and Corporate Broker)
 Tom Skinner                                                  T: 020 7597 4000

 David Yovichic

Important Information

This announcement contains information that is inside information for the
purposes of the Market Abuse Regulation (EU) No 596/2014 as implemented in the
UK. The person responsible for arranging for the release of this announcement
on behalf of the Company is Peter Tait, Chair.

 

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