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Richard Staveley is expected to act as a consultant to Harwood as the trust is wound down
The board of Gresham House Strategic (GHS) investment trust has proposed a change of investment policy to facilitate a managed wind-down of the company over 24 months and for the initial return of capital by way of a B Share scheme and tender offer of up to £25m in aggregate, following the collapse of its strategic review.
It has also proposed the return of capital by way of future tender offers as the GHS portfolio is realised and confirmed that Harwood Capital has committed to manage the GHS portfolio for no fees during...
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