Jupiter Green Investment Trust sets out details, dates for liquidation

(Alliance News) - Jupiter Green Investment Trust PLC on Friday set out recommended proposals for the voluntary winding-up of the company.

Jupiter Green is an investment firm targeting companies which have a significant focus on environmental solutions.

The company said it believes it is in the best interests of all shareholders to liquidate the company and give them the option to roll their investment into the Jupiter Ecology Fund or receive an uncapped cash exit equal to company net asset value.

Jupiter Ecology Fund aims to invest in companies that generate positive solutions for climate change or environmental degradation.

In order to consider and vote on the proposals, two general meetings have been convened for March 5 and March 14.

Jupiter Green expects the liquidation to be effective on March 14.

Shares in Jupiter Green Investment Trust were up 0.8% to 252.00 pence in London on Friday afternoon.

By Michael Hennessey, Alliance News reporter

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