 Aberdeen Asian Income Fund Limited -
issuing warrants at fair value to incentivise the investment manager and to finance the launch costs.
Aberdeen Development Capital Group - creation of Zero dividend preference shares repayable in 2 tranches
Exeter Selective Assets Investment Trust plc - "selling" the benefit of surplus management and other revenue expenses as a deferred tax asset.
Economic Lifestyle Property Investment Company Limited - issue of free capital shares to the initial investors and persons associated with the fund's managers and deferral of all management fees until the final capital entitlement of the zero dividend preference shares is fully covered. |
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Change of investment manager in conjunction with "refreshing" the shareholder base through secondary market and, in some cases, a subsequent secondary fund raising, e.g.
New India Investment Trust plc
New City High Yield Trust plc
Midas Income and Growth Trust plc
Click on the name to retrieve a more detailed summary of the transaction
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