Discount control

RNS Number : 2654J

Martin Currie Global Portfolio Tst

15 July 2013

 



Martin Currie Global Portfolio Trust plc

Discount Control - 15 July 2013

The Board of Martin Currie Global Portfolio Trust plc ("the Company") announces that it has decided to use its share buybacks powers with the objective of ensuring that the Company's share price trades at or around NAV in normal market conditions. Initially any shares repurchased by the Company will be held in treasury and may subsequently be reissued to satisfy market demand.

Accordingly the Company will be active in both issuing shares at a premium to NAV when there is demand and buying back shares at a discount to NAV when natural supply exceeds demand and thereby increasing the available liquidity in the Company's shares.

 

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