Henderson rises on tender offer plans
Henderson, a bankers investment trust, rose more than 10% after announcing that it is planning to purchase up to 17.5% of the shares in issue as part of the company's 'Realisation Strategy'.
Henderson, a bankers investment trust, rose more than 10% after announcing that it is planning to purchase up to 17.5% of the shares in issue as part of the company's 'Realisation Strategy'.
"Tenders in excess of a shareholder's Basic Entitlement will only be accepted to the extent that other shareholders tender less than their Basic Entitlement and will be satisfied on a pro rata basis," the firm said.
Start your trial of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
