Alliance Trust Announcement and ATSAG Response

The ShareSoc blog provides news and informal commentary from directors, members and other contributors. Entries reflect the personal views of the authors, which do not necessarily reflect ShareSoc’s formal position. Contributors may hold shares in the companies mentioned. Nothing in this blog should be viewed as financial advice. You may submit comments on blog posts, but ShareSoc reserves the right to remove or edit inappropriate or defamatory submissions.

Alliance Trust Plc have today announced a number of changes “to enhance shareholder value” as they put it. It includes a more focussed investment mandate, a reduction in costs, a commitment to narrowing the discount, a revised dividend policy and a simplification of the corporate structure.

The Alliance Trust Shareholder Action Group (ATSAG), supported by ShareSoc, has generally welcomed the changes. You can read the full comments issued by ATSAG in this press release: https://www.sharesoc.org/pr70alliancenews.html

Roger Lawson

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Become a free Associate ShareSoc member

Enter your email to sign up as a free Associate ShareSoc member and receive our emails. It takes a few seconds — and on the next page you'll have the option to customise your membership.