Liontrust ESG Trust Plc - IPO Update
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Liontrust ESG Trust PLC
The Board of Liontrust ESG Trust PLC ("ESGT" or the "Company") and Liontrust Fund Partners LLP ("Liontrust"), the company's AIFM, have been encouraged by the interest in the Company's IPO and the very broad spread of investors who have subscribed to the Initial Issue. However, at the close of the Initial Placing at 14:00 on 30 June 2021, total subscriptions fell just short of the minimum gross proceeds of £100 million stipulated in the prospectus published by the Company on 26 May 2021 (the "Prospectus").
Accordingly, the Company, in consultation with Liontrust, has determined to withdraw the Initial Issue. Monies will shortly be returned to applicants.