The European Smaller Cos. Trust Aktie

Shareholders of the European Smaller Companies Trust voted at the general meeting by a large majority in favour of the planned consolidation of assets with the European Assets Trust. At the same time, the issuance of ordinary shares up to a nominal value of £3,125,000, the increase of the annual maximum directors’ fee from £250,000 to £500,000, and the cancellation of the capital reserve were approved; the resolutions received approval rates between 94% and 98.72%. The measures support ESCT’s planned restructuring and consolidation under the restructuring process. » Więcej na de.investing.com

European Smaller Companies Trust PLC has repurchased 50,710,953 ordinary shares at 213.80 pence per share, representing approximately 18.2% of the issued share capital. The repurchased shares will be held in treasury, reducing the total number of voting rights in the company. Settlement of payments will take place on July 4, and the buyback offer was originally announced in April. » Więcej na de.investing.com