Update from QuotedData

Summary by AI BETAClose X

BlackRock Throgmorton Trust PLC and BlackRock Smaller Companies Trust PLC have announced plans to merge, creating a larger, more liquid, and cost-effective entity. The combined trust will benefit from a nearly 20 basis point reduction in its ongoing charges ratio to 0.63%, making it highly competitive. The merger is expected to be smooth due to a significant 75% overlap in their stock portfolios, and it includes shareholder-friendly measures such as a triennial tender offer.

Disclaimer*

UK 100

Latest directors dealings