24 05 2016

Mithras Investment Trust plc's fifth tender offer

Charles Russell Speechlys acted as the legal adviser to Mithras Investment Trust plc on its fifth tender offer


The fifth tender offer follows on from the Company’s announcement in December 2012 that it intended to enter into a series of tender offers to achieve its core realisation strategy of returning capital to shareholders.  Should the shareholders all tender their basic entitlement, the Company would distribute approximately £9.0 million to shareholders through the fifth tender offer.  To date, the Company has returned approximately £25.8 million of capital to shareholders through its first four tender offers. The fourth tender offer took place in 2015, the third took place in 2014, with the second and initial tender offers both taking place in 2013. The Charles Russell Speechlys team advising on these transactions was led by partner, Andrew Collins (Picture) and included corporate senior associate Paul Arathoon and associate Lucy Scott. Winterflood Securities (Joe Winkley and Neil Langford) also acted for the Company. Involved fees earner: Andrew Collins - Charles Russell Speechlys; Paul Arathoon - Charles Russell Speechlys; Lucy Scott - Charles Russell Speechlys;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION

09/05/2018

LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION Read about le

LE FONTI AWARDS 2018 CELEBRATES CORPORATE EXCELLENCES IN HONG KONG

29/03/2018

On March 23rd 2018, the world’s leading corporate stars reunited for a special

LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr