Jupiter UK Growth Investment Trust PLC - investment trust - Believes that company liquidation is best option so that shareholders can either receive cash or roll over their investment into another investment vehicle. Is currently discussing such options with its advisors.
Market capitalisation has remained low at GBP26 million, well below the minimum size considered investable by wealth managers and other prospective investors. In discussions with advisors, board has come to the conclusion that it is no longer likely to grow the trust in its current form.
Current stock price: 180.76 pence
Year-to-date change: down 40%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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