Capital Structure

 

Share Capital

The share capital of the Trust consists of Ordinary Shares of 1p.  Up-to-date details of the number of shares in issue are contained in the Share Buy-Ins section.

Duration

The Trust has no fixed duration.  However, in accordance with the Articles of Association, an ordinary resolution will again be proposed at the 2020 Annual General Meeting (and, if passed, at every third subsequent Annual General Meeting) that the Trust continues to manage its affairs as an investment trust.