Trian Investors 1 compulsorily returns investor capital and plans wind up

Management fee paid to December 2023

James Baxter-Derrington
clock • 2 min read

Trian Investors 1 has agreed to compulsorily return investor capital and wind up the trust, bringing to an end the months long saga.

Following its extraordinary general meeting on 5 August, the board has agreed to redeem no less than 95% of each shareholder's investment in the company by no later than 30 June 2023. Stock Spotlight: Unilever steady after chilly few weeks The board noted that while it believes there is further value to be gained from its investments in Ferguson and Unilever, it acknowledges that a "significant portion of the current shareholder base" would like to redeem. Following the redemption, the company will be wound up, with any remaining asset value to be returned to investors. The inve...

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