LONDON: Aberforth Geared Value & Income Trust plc (AGVIT) has recently published a prospectus regarding the issuance of ordinary shares and zero dividend preference shares. AGVIT is involved in a scheme of reconstruction and members’ voluntary winding up of Aberforth Split Level Income Trust plc (ASLIT) under the Insolvency Act. As part of this scheme,…
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Aberforth Split Level Income Trust announces winding-up scheme with AGVIT
LONDON: Aberforth Split Level Income Trust plc (ASLIT) Board has outlined a scheme for the company’s voluntary winding-up. The Board has agreed in principle with Aberforth Geared Value & Income Trust plc (AGVIT) on a reconstruction scheme, set to be effective on June 28, 2024, pending shareholder approval. AGVIT, launching on July 1, 2024, will…