Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMGHU.L Regulatory News (MGHU)

  • There is currently no data for MGHU

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Proposed reconstruction of M&G Recovery

15 Dec 2008 14:29

M&G High Income Investment Trust PLC ("M&G High") Participation in the proposed reconstruction of M&G Recovery Investment Company Limited

The Board of M&G High is in discussions with the Board of M&G Recovery Investment Company Limited ("M&G Recovery") which is intending to put forward proposals to coincide with its scheduled wind up date of 31 March 2009.

Under the proposals, M&G Recovery will be wound up and its shareholders will be offered the choice of a tax and cost efficient roll-over into new shares to be issued by M&G High, a full cash exit (at liquidation value) and at least one open-ended investment company managed by M&G, the manager of M&G High and M&G Recovery.

M&G Recovery currently has gross assets of ‚£124 million whilst M&G High has gross assets of ‚£141 million and has a wind up date of 17 March 2017. Both companies are managed by the same investment team at M&G, have similar investment objectives and are split capital investment companies.

Precise details of the proposals will be announced in February 2009.

Enquiries:

Robin Archibald Winterflood Securities 020 3100 0290

Robert Peel Winterflood Securities 020 3100 0291

M & G HIGH INCOME INVESTMENT TRUST PLC
Date   Source Headline
27th Mar 20084:50 pmPRNNet Asset Value(s)
26th Mar 20085:06 pmPRNNet Asset Value(s)
25th Mar 20085:07 pmPRNNet Asset Value(s)
20th Mar 20084:51 pmPRNNet Asset Value(s)
19th Mar 20084:49 pmPRNNet Asset Value(s)
18th Mar 20084:08 pmPRNNet Asset Value(s)
17th Mar 20084:56 pmPRNNet Asset Value(s)
14th Mar 20084:41 pmPRNNet Asset Value(s)
13th Mar 20084:41 pmPRNNet Asset Value(s)
12th Mar 20084:42 pmPRNNet Asset Value(s)
11th Mar 20084:53 pmPRNNet Asset Value(s)
11th Mar 20083:58 pmPRNHolding(s) in Company
10th Mar 20084:33 pmPRNNet Asset Value(s)
7th Mar 20085:26 pmPRNNet Asset Value(s)
6th Mar 20084:53 pmPRNNet Asset Value(s)
5th Mar 20084:54 pmPRNNet Asset Value(s)
4th Mar 20084:19 pmPRNNet Asset Value(s)
3rd Mar 20085:02 pmPRNNet Asset Value(s)
29th Feb 20085:47 pmPRNPortfolio Update
29th Feb 20085:06 pmPRNNet Asset Value(s)
28th Feb 20082:59 pmPRNNet Asset Value(s)
27th Feb 20085:25 pmPRNNet Asset Value(s)
27th Feb 20088:59 amPRNNet Asset Value(s)
25th Feb 20085:23 pmPRNNet Asset Value(s)
22nd Feb 20084:25 pmPRNNet Asset Value(s)
21st Feb 20085:08 pmPRNNet Asset Value(s)
20th Feb 20084:34 pmPRNNet Asset Value(s)
19th Feb 20084:35 pmPRNNet Asset Value(s)
18th Feb 20085:01 pmPRNNet Asset Value(s)
15th Feb 20085:10 pmPRNNet Asset Value(s)
14th Feb 20085:14 pmPRNNet Asset Value(s)
13th Feb 20085:37 pmPRNNet Asset Value(s)
12th Feb 20085:52 pmPRNNet Asset Value(s)
11th Feb 20084:56 pmPRNNet Asset Value(s)
8th Feb 20084:44 pmPRNNet Asset Value(s)
7th Feb 20085:04 pmPRNNet Asset Value(s)
6th Feb 20085:21 pmPRNNet Asset Value(s)
5th Feb 20085:40 pmPRNNet Asset Value(s)
4th Feb 20084:44 pmPRNNet Asset Value(s)
1st Feb 20085:40 pmPRNNet Asset Value(s)
31st Jan 20085:43 pmPRNNet Asset Value(s)
30th Jan 20084:22 pmPRNNet Asset Value(s)
29th Jan 20084:33 pmPRNNet Asset Value(s)
28th Jan 20085:25 pmPRNNet Asset Value(s)
24th Jan 20084:46 pmPRNNet Asset Value(s)
23rd Jan 20085:32 pmPRNNet Asset Value(s)
22nd Jan 20085:13 pmPRNNet Asset Value(s)
21st Jan 20085:20 pmPRNNet Asset Value(s)
18th Jan 20084:41 pmPRNNet Asset Value(s)
17th Jan 20085:25 pmPRNNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.