Investment trust status

Summary by AI BETAClose X

Ecofin US Renewables Infrastructure Trust plc announced that its public voting power currently stands at 38%, which is close to the 35% minimum threshold required to maintain its investment trust status and associated tax exemptions. This 38% includes 10% held by another investment trust. The company warns that falling below the 35% threshold, potentially if a top five shareholder that is not an investment trust acquires more shares, could lead to the loss of its investment trust status and UK corporate tax exemptions on chargeable gains.

Disclaimer*

UK 100

Latest directors dealings