LIONTRUST ASSET MGMT

Liontrust has admitted 2,970,232 new ordinary shares to trading on the main market of the London Stock Exchange. The shares were issued in connection with the completion of the acquisition of River Global Holdings by River Global PLC and are fully fungible with the existing ordinary shares (ISIN GB0007388407). After the admission, the total number of issued ordinary shares increases to 62,970,315; according to the announcement no prospectus was required (POATRs). » Mere på de.investing.com

Liontrust has appointed Martin Gilbert to its board with immediate effect. Gilbert will join the board after the completion of the acquisition of River Global Holdings and will be a member of all committees. The board considers him independent for the purposes of the UK Corporate Governance Code 2024 and highlights his asset management experience and his strong network for international and institutional expansion. » Mere på de.investing.com

Liontrust has announced the acquisition of River Global Holdings, the parent company of the investment manager of the India Capital Growth Fund, subject to shareholder and UK financial regulator approval. Once completed, the asset management business will be integrated into Liontrust’s active equity strategies division and continued under the Liontrust brand. The investment team responsible for the fund, led by Gaurav Narain, will remain unchanged and continue to operate from Mumbai and London; the fund will gain access to expanded resources and global distribution capabilities. » Mere på de.investing.com

Liontrust announces a market buyback programme to purchase ordinary shares worth up to £10 million until 30 June 2026. Panmure Liberum will execute purchases independently under EU Regulation 596/2014; the programme is being carried out under an authorisation dated 18 September 2025 to acquire up to 6,376,461 shares. The maximum purchase price is 5% above the average mid-market price over the five trading days prior to a buyback, purchases will be funded from existing cash resources and all acquired shares are intended to be cancelled. There is no guarantee the programme will be fully implemented or that any shares will be repurchased. » Mere på de.investing.com

For the six months to 30 September, Liontrust reported an adjusted pre‑tax profit decline of 39% to £15.7m and a reported pre‑tax profit of £7.3m. The fund manager is launching a share buyback programme of up to £10m, will pay an interim dividend of 7.0p per share and plans additional efficiency measures through June 2026, targeting annual savings of around £1.5m with implementation costs of about £1m. Liontrust manages roughly £22bn (as at 12 Nov.), secured two institutional mandates totalling around £250m and expects them to be funded before year‑end, while CEO John Ions noted continued outflows from UK equity funds. » Mere på de.investing.com