We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Henderson European Trust plc (HET) ORD GBP0.05

Sell:184.00p Buy:185.50p 0 Change: 1.50p (0.80%)
FTSE All Share:0.30%
Market closed |  Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Henderson European Focus Trust plc ORD GBP0.05

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 7 Jun 2024)

Henderson European Focus Trust plc is proposing a tender offer to purchase up to 31,915,218 shares representing 15% of the issued share capital at a price to be announced on 25 June 2024.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 15% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

If you don’t want to sell any shares, you don’t need to do anything.

 

Sell shares in the offer – Act by midday on Tuesday 18 June 2024

 

 

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 and not on the summary information outlined above.

×
Sell:184.00p
Buy:185.50p
Change: 1.50p (0.80%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Henderson European Focus Trust plc ORD GBP0.05

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 7 Jun 2024)

Henderson European Focus Trust plc is proposing a tender offer to purchase up to 31,915,218 shares representing 15% of the issued share capital at a price to be announced on 25 June 2024.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 15% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

If you don’t want to sell any shares, you don’t need to do anything.

 

Sell shares in the offer – Act by midday on Tuesday 18 June 2024

 

 

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 and not on the summary information outlined above.

×
Sell:184.00p
Buy:185.50p
Change: 1.50p (0.80%)
Market closed |  Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Henderson European Focus Trust plc ORD GBP0.05

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 7 Jun 2024)

Henderson European Focus Trust plc is proposing a tender offer to purchase up to 31,915,218 shares representing 15% of the issued share capital at a price to be announced on 25 June 2024.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 15% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

If you don’t want to sell any shares, you don’t need to do anything.

 

Sell shares in the offer – Act by midday on Tuesday 18 June 2024

 

 

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 and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company aims to maximise total return from a portfolio of stocks predominantly listed in Europe (excluding the UK).
Security Weight
Novo Nordisk DKK0.1 B 5.79%
ASML Holding NV EUR0.09 5.69%
Sap SE/Ordinary NPV 3.42%
Totalenergies SE EUR2.5 3.06%
Schneider Electric SE EUR8 2.91%
LVMH Moet Hennessy Vuitton SE Euro.30 2.68%
Nestle Sa Ordinary CHF0.01 2.66%
Siemens NPV (CDI) 2.59%
Shell plc Ordinary EUR0.07 2.42%
Adidas AG NPV 2.39%
Sector Weight
Industrials 19.76%
Technology 13.34%
Healthcare 11.69%
Consumer Defensive 10.65%
Basic Materials 9.14%
Financial Services 7.12%
Consumer Cyclical 6.60%
Energy 5.48%
Communication Services 1.50%
Country Weight
France 19.66%
Germany 15.81%
Netherlands 11.89%
Switzerland 8.53%
Denmark 6.61%
United Kingdom 4.73%
Finland 3.99%
United States 3.79%
Belgium 3.24%
Spain 2.65%

Fee Structure

Management fee will be charged at 0.600% p.a. of NAV up to GBP 500m, and 0.475% over GBP 500m to 1bln and 0.450% of NAV in excess of 1bln. No performance fee. Contract terminable on notice period of 6 months.

Dividend Policy

The Company has a policy of paying interim and final dividends, with the aim of maintaining dividend levels and growing them when net income permits. Total return is the primary focus.

ASSET SPLIT

Total number of holdings: 48.

Trust Manager

John Bennett

Manager Bio

"John Bennett is Director of European Equities at Janus Henderson Investors and Fund Manager on the Janus Henderson Continental European and Pan-European long-only and long/short strategies. John has held these roles since 2011 when his previous company, Gartmore, was acquired by Henderson. Prior to Gartmore, he served as fund manager at Global Asset Management for 17 years. During this time, he managed their flagship European long-only and European equity long/short hedge funds. Before this, he was a fund manager at Ivory & Sime. John has 32 years of financial industry experience."

Board Of Directors

Vicky HastingsChairman, Robin Archibald, Rutger Koopmans, Ekaterina Thomson, Marco Bianconi, Stephen King, Melanie Blake

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. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.