THE LINDSELL TRAIN INVESTMENT TRUST PLC
Retail investors advised by Independent Financial Advisors (IFAs)
The Lindsell Train Investment Trust plc (the 'Company') advises that its Ordinary shares of 25p each (Shares) can be recommended to retail investors by Independent Financial Advisors (IFAs), as the Shares are exempt from restriction on distribution under the Financial Conduct Authority's rules on non-mainstream investment products. The Company further advises that it intends to continue to conduct its affairs in a manner which would enable IFAs to able recommend the Shares to retail investors for the foreseeable future.
The Company however would also point out to IFAs considering recommending Shares to clients that whilst the Shares may trade at a premium, potential new investors should be made aware that the Shares have traded at a discount for significant periods in the past. A fall in market sentiment accordingly carries a risk that any premium could be eliminated quickly and buyers at a premium might face a material capital loss.
By Order of the Board
Phoenix Administration Services Limited - Corporate Secretary