Baillie Gifford US Growth Trust PLC Announces Holding Changes
The investment trust announces changes to major shareholdings, with Saba Capital Management increasing its stake to over 30% of voting rights.
The investment trust announces changes to major shareholdings, with Saba Capital Management increasing its stake to over 30% of voting rights.
The investment trust reported strong returns despite market volatility, with a 24.5% share price total return. However, widening revenue losses and increased exposure to private companies present risks in an uncertain economic environment.
The investment trust has appointed a new non-executive director to its board.
The investment trust has confirmed it is in a closed period ahead of its annual results announcement.
The investment trust has received a notification of a change in major shareholding.
The retailer has announced the resignation of a non-executive director, citing their intention to pursue other business opportunities.
The trust has announced that a non-executive director has acquired 6,750 ordinary shares in the company.
The major shareholder Barclays has increased its stake in the investment trust, but the regulatory announcement has no significant business implications.
The retailer's independent Board and leading voting experts have recommended shareholders vote against proposals from a US hedge fund, citing concerns over the future of the company.
Regulatory filing on change in major shareholding for investment trust