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Investegate |Ventus 2 VCT PLC Announcements | Ventus 2 VCT PLC: Replacement: QUESTIONS PURSUANT TO THE CIRCULAR


MULTIPLE NON MATERIAL TEXT AMENDMENTS
A number of non material typographical changes have been made to the QUESTIONS PURSUANT TO THE CIRCULAR announcement released on 07 May 2021 at 15:47 under RNS No 9774X
The changes are identified with an asterisk ( ).
The full amended text is shown below.
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VENTUS VCT PLC & VENTUS 2 VCT PLC (THE COMPANIES ) - QUESTIONS RAISED BY SHAREHOLDERS PURSUANT TO THE CIRCULAR DATED 13 APRIL 2021:
QUESTION 1
Why is the Ventus expense ratio so much higher than for an infrastructure fund?  (The total TER for Greencoat appears to be less than the investment manager fee for Temporis and yet there must be less work if there is no asset renewal or purchase programme).   There is no reference in the circular to investigating other options around a low cost management of the funds that would capture the value of the life extensions and repowering. ....

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Investegate |Merchants Trust. Announcements | Merchants Trust.: Final Results


 
When I wrote to shareholders a year ago for the 2020 annual report, we were just beginning a journey into the unknown resulting from the burgeoning global pandemic. We already knew then that the virus itself, and the measures to control it, were likely to be a threat to financial stability and to have a huge impact on economic activity. It also looked likely that there would be significant impact on companies in many industries. That has indeed been the way the year has played out and we now find ourselves reporting on a year where superlatives seem trite and do no justice to what we have all experienced. In addition to the economic impact, in human terms, the cost to physical and mental wellbeing across society has also been dramatic. ....

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