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IN BRIEF: High Court approves Smithson Investment’s capital reduction

ALN

Smithson Investment Trust PLC - investment trust - High Court of Justice of England & Wales approves company’s reduction of capital, which involves the reduction of its share premium account by £500 million. Expects the court order confirming the capital reduction to be registered by the Registrar of Companies by no later than March 16.

Current stock price: 1,383.00 pence

12-month change: down 12%

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