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CT Global Managed Portfolio Trust Plc (CMPI) Income Shares GBP0.060600579

Sell:117.00p Buy:121.00p 0 Change: No change
Market closed |  Prices as at close on 16 August 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

CT Global Managed Portfolio Trust Plc Income Shares GBP0.060600579

Type:
Conversion
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 15 Aug 2024)

What is happening?

 

The CT Global Managed Portfolio Trust is an investment trust with two classes of shares, Growth shares and Income shares. Shareholders have the right to convert their shares into the other class of shares in the Trust annually.

 

Conversion instructions must be for a minimum of 1,000 shares or, if lower, your full holding. The conversion is also subject to a minimum and maximum limit set by the Board of Directors. For the 2024 conversion opportunity, the Board has specified that conversion requests must be received by the Company for shares with a minimum net value of assets in aggregate of £250,000. The maximum limit set by the Board of Directors of the Company is that no more than 10% of each share class will be converted. If conversion requests are received by the Company for less than the minimum value outlined above then the Board of Directors may cancel the conversion. If conversion requests are received for more than 10% of each share class then the requests will be reduced on a pro-rata basis.

 

How do I convert my shares?

 

If you wish to convert your Income shares then you can give an instruction by logging into your Stocks & Shares ISA online, selecting the dark blue Corporate Actions icon alongside your CT Global Managed Portfolio Trust Plc Income shares and following the on screen instructions.

 

Any instruction must be received by our deadline of noon on Thursday 26 September 2024. If no instruction is received by this time your holding will remain unchanged.

 

How will the conversion rate be calculated?

 

The conversion rate will be calculated with reference to the Net Asset Value of the Income shares and the Growth shares on the conversion date, expected to be 24 October 2024.

 

When will I receive the new shares?

 

If you elect to convert your shares and the conversion conditions set out above are satisfied then the new shares are expected to be issued shortly after the conversion date. However, the company have not announced a firm date for the shares to be issued.

 

What will happen if the conversion conditions are not met?

 

If the conditions of the conversion are not satisfied then your shares will be returned to you and your holding will remain unchanged. Should you have any queries relating to this matter please contact us. We hope you are satisfied with our service. If you would like to set up new products, or transfer other assets you hold to Hargreaves Lansdown please go to www.hl.co.uk.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:117.00p
Buy:121.00p
Change: No change
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
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Market closed |  Prices as at close on 16 August 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

CT Global Managed Portfolio Trust Plc Income Shares GBP0.060600579

Type:
Conversion
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 15 Aug 2024)

What is happening?

 

The CT Global Managed Portfolio Trust is an investment trust with two classes of shares, Growth shares and Income shares. Shareholders have the right to convert their shares into the other class of shares in the Trust annually.

 

Conversion instructions must be for a minimum of 1,000 shares or, if lower, your full holding. The conversion is also subject to a minimum and maximum limit set by the Board of Directors. For the 2024 conversion opportunity, the Board has specified that conversion requests must be received by the Company for shares with a minimum net value of assets in aggregate of £250,000. The maximum limit set by the Board of Directors of the Company is that no more than 10% of each share class will be converted. If conversion requests are received by the Company for less than the minimum value outlined above then the Board of Directors may cancel the conversion. If conversion requests are received for more than 10% of each share class then the requests will be reduced on a pro-rata basis.

 

How do I convert my shares?

 

If you wish to convert your Income shares then you can give an instruction by logging into your Stocks & Shares ISA online, selecting the dark blue Corporate Actions icon alongside your CT Global Managed Portfolio Trust Plc Income shares and following the on screen instructions.

 

Any instruction must be received by our deadline of noon on Thursday 26 September 2024. If no instruction is received by this time your holding will remain unchanged.

 

How will the conversion rate be calculated?

 

The conversion rate will be calculated with reference to the Net Asset Value of the Income shares and the Growth shares on the conversion date, expected to be 24 October 2024.

 

When will I receive the new shares?

 

If you elect to convert your shares and the conversion conditions set out above are satisfied then the new shares are expected to be issued shortly after the conversion date. However, the company have not announced a firm date for the shares to be issued.

 

What will happen if the conversion conditions are not met?

 

If the conditions of the conversion are not satisfied then your shares will be returned to you and your holding will remain unchanged. Should you have any queries relating to this matter please contact us. We hope you are satisfied with our service. If you would like to set up new products, or transfer other assets you hold to Hargreaves Lansdown please go to www.hl.co.uk.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:117.00p
Buy:121.00p
Change: No change
Market closed |  Prices as at close on 16 August 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Conversion

CT Global Managed Portfolio Trust Plc Income Shares GBP0.060600579

Type:
Conversion
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 15 Aug 2024)

What is happening?

 

The CT Global Managed Portfolio Trust is an investment trust with two classes of shares, Growth shares and Income shares. Shareholders have the right to convert their shares into the other class of shares in the Trust annually.

 

Conversion instructions must be for a minimum of 1,000 shares or, if lower, your full holding. The conversion is also subject to a minimum and maximum limit set by the Board of Directors. For the 2024 conversion opportunity, the Board has specified that conversion requests must be received by the Company for shares with a minimum net value of assets in aggregate of £250,000. The maximum limit set by the Board of Directors of the Company is that no more than 10% of each share class will be converted. If conversion requests are received by the Company for less than the minimum value outlined above then the Board of Directors may cancel the conversion. If conversion requests are received for more than 10% of each share class then the requests will be reduced on a pro-rata basis.

 

How do I convert my shares?

 

If you wish to convert your Income shares then you can give an instruction by logging into your Stocks & Shares ISA online, selecting the dark blue Corporate Actions icon alongside your CT Global Managed Portfolio Trust Plc Income shares and following the on screen instructions.

 

Any instruction must be received by our deadline of noon on Thursday 26 September 2024. If no instruction is received by this time your holding will remain unchanged.

 

How will the conversion rate be calculated?

 

The conversion rate will be calculated with reference to the Net Asset Value of the Income shares and the Growth shares on the conversion date, expected to be 24 October 2024.

 

When will I receive the new shares?

 

If you elect to convert your shares and the conversion conditions set out above are satisfied then the new shares are expected to be issued shortly after the conversion date. However, the company have not announced a firm date for the shares to be issued.

 

What will happen if the conversion conditions are not met?

 

If the conditions of the conversion are not satisfied then your shares will be returned to you and your holding will remain unchanged. Should you have any queries relating to this matter please contact us. We hope you are satisfied with our service. If you would like to set up new products, or transfer other assets you hold to Hargreaves Lansdown please go to www.hl.co.uk.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
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Business summary

CT Global Managed Portfolio Trust PLC is a United Kingdom-based closed-end investment company and carries on business as an investment trust. The Company's investment objective is to provide an attractive level of income with the potential for income and capital growth to income shareholders and to provide capital growth for growth shareholders, in each case through investing principally in a diversified portfolio of investment companies. The Company invests principally in closed ended investment companies, wherever incorporated, which are listed on the Official List of the United Kingdom Listing Authority. The majority of the Company’s holdings comprise equity investments although it is permitted to invest in other securities issued by investment companies. No investment in either Portfolio (income or growth) may exceed 15% of the relevant Portfolio’s total assets at the time of the latest purchase. Its investment manager is Columbia Threadneedle Investment Business Limited.

Important dates

Future events
AGM 02 October 2024 02/10/24
Past events
Annual report 29 July 2024 29/07/24
Final results 29 July 2024 29/07/24
Interim dividend payment date 05 July 2024 05/07/24
Interim ex-dividend date 13 June 2024 13/06/24
Interim dividend payment date 09 April 2024 09/04/24
Interim ex-dividend date 14 March 2024 14/03/24
Interim results 29 January 2024 29/01/24
Interim dividend payment date 12 January 2024 12/01/24
Interim ex-dividend date 14 December 2023 14/12/23
Interim dividend payment date 06 October 2023 06/10/23
AGM 28 September 2023 28/09/23
Interim ex-dividend date 14 September 2023 14/09/23

General stock information

EPIC:
CMPI
ISIN:
GB00B2PP3J36
Market cap:
£103.72 million
Shares in issue:
87.16 million
Sector:
Nonequity Investment Instruments
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Contact details

Address:
4 Quartermile, 7a Nightingale Way
EDINBURGH
EH3 9EG
United Kingdom
Telephone:
+44 (020) 76288000
Website:
https://www.columbiathreadneedle.co.uk/global-managed-portfolio-trust-plc/

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.
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