Doc re. Company Update

RNS Number : 9689V

Henderson Intl. Income Trust PLC

12 April 2019

 

HENDERSON INTERNATIONAL INCOME TRUST PLC

HENDERSON INVESTMENT FUNDS LIMITED

LEGAL ENTITY IDENTIFIER: 2138006N35XWGK2YUK38

This announcement contains inside information

12 April 2019

Henderson International Income Trust plc

The Board of Henderson International Income Trust plc (the "Company" or "HINT") is pleased to announce that terms have been agreed in principle for HINT to be the default rollover option on the liquidation of The Establishment Investment Trust plc ("EIT").

The proposed transaction is to be effected by way of a tax efficient liquidation of EIT under section 110 of the Insolvency Act. A circular to shareholders of HINT convening a general meeting at which enabling resolutions will be put forward will be published in due course.

Simon Jeffreys, Chairman of the Company, commented:

"It has been our ongoing ambition to build on the successful performance of HINT by growing the Company through equity issuance.  Since launch in 2011 we have grown the assets of the Company more than seven-fold by a combination of good investment performance, trust merger and the issue of shares from time to time to meet demand.  We very much appreciate the opportunity to continue the growth of HINT by way of this proposed transaction and to welcoming new shareholders".

For further information, please contact:

Simon Jeffreys

Chairman

Henderson International Income Trust plc

Telephone: [phone]

James de Sausmarez

Director and Head of Investment Trusts

Janus Henderson Investors

Telephone: [phone]

Laura Thomas

Investment Trust PR Manager

Janus Henderson Investors

Telephone: [phone]

Robert Naylor

Corporate Broker

Panmure Gordon

Telephone: [phone]

 

END

 

 

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