Lindsell Train tender offer oversubscribed as a third of shares apply to cash out

Following prolonged underperformance

Michael Nelson
clock • 2 min read

Shareholders representing almost a third of the issued share capital in Lindsell Train investment trust (LTI) have elected to tender their shares in the ailing company.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot