Jupiter Dividend & Growth finalises rollover plans – Jupiter Dividend & Growth Trust, which is at the end of its life, has finalised details of its rollover into either Jupiter UK Growth or cash.
14,945,115 ZDP shares, 2,174,291 common shares and 71,821,57 ordinary income shares elected to rollover into Jupiter UK Growth.
17,173,916 ZDP shares, 5,879,754 common shares and 19,854,076 ordinary income shares elected for the cash option.
On 27 November 2017, Jupiter Dividend & Growth announced that its portfolio had been sold for cash.
On 22 November 2017, shareholders approved overwhelmingly the details of the reconstruction.
The next step now is that the existing Jupiter Dividend & Growth share classes will trade either as elected for Jupiter UK Growth or elected for cash for a day and then trading will be suspended before the market opens on Thursday 30 November. Then the new Jupiter UK Growth shares will be issued and the cash despatched.
JDT / JUKG : Jupiter Dividend & Growth finalises rollover plans