DETAILS OF THE PLACING N+1 Singer has entered into the Share Issuance Agreement with the Company and the Investment Manager under which N+1 Singer has, on the terms and subject to the conditions set out therein, undertaken to use its reasonable endeavours to procure, as agent for the Company, subscribers for the Ordinary Shares at the Placing Price. The Share Issuance Agreement contains customary warranties given by the Company and the Investment Manager to N+1 Singer as to matters relating to the Company and its business. The Company (after consultation with N+1 Singer and the Investment Manager) reserves the right to scale back the number of Ordinary Shares to be subscribed by any Placee in the event of applications in excess of the target amount under the Placing. The Company and N+1 Singer also reserve the right not to accept offers to subscribe for Ordinary Shares or to accept such offer in part rather than in whole.
AVI appoints Investment Analyst in Japan
Submitted
06/01/2021 - 4:40pm
Asset Value Investors (AVI) has appointed Makiko Shimada as Investment Analyst to support the company’s research and engagement efforts in Japan.
Currently based in Tokyo, Shimada will join a seven-strong investment team in London from March and report to Joe Bauernfreund of AVI.
AVI is the investment manager of both AVI Global Trust (AGT) and AVI Japan Opportunities Trust (AJOT) which employ a balanced approach to shareholder engagement in Japan following the trend towards improved corporate governance in the country. AGT and AJOT have combined assets of JPY61 billion invested in Japan.