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09 February 2016

Charles Russell Speechlys advises Chelverton Growth Trust on its Court approved reduction of capital and its latest tender offer

Charles Russell Speechlys’ Advisory team recently acted as the legal adviser to Chelverton Growth Trust plc (the Company) on its Court approved reduction of capital and its latest tender offer, which was announced on 3 February 2016.

The tender offer is the latest in a series of tender offers by the Company to achieve its strategy of returning capital to shareholders.

The Charles Russell Speechlys team advising on this transaction was led by Partner Andrew Collins and included Corporate Associate Emily Davies.

William Van Heesewijk, Business Development Director at Chelverton Growth Trust, commented: “Once again it was a pleasure to work with Andrew Collins and the team at Charles Russell Speechlys on this transaction that required a technical capital reconstruction to be presented and approved by the Court. We continue to value their advice and support throughout the process and tender offer and we look forward to the next opportunity to work with them in the future following the successful completion of this transaction”.

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