Rebel shareholders call to wind-up Ken Wotton's £178m trust
Rebel shareholders call to wind-up Ken Wotton’s £178m trust Board’s decision to appoint Gresham House and scrap discount control mechanisms has created major issues for Strategic Equity Capital A pair of shareholders in Ken Wotton’s Strategic Equity Capital trust are ramping up calls for it to be wound up at the end of the month, following multiple mis-steps by the board. In an open letter to the board of directors, long-term shareholders Ian Armitage and Jonathan Morgan set out their rationale for why they believe shareholders should vote to discontinue the trust at the extrao...
Source: portfolio-adviser.com