Understanding Total Voting Rights of Alliance Trust PLC
Alliance Trust PLC Overview
Alliance Trust PLC is an entity that has significant relevance in the investment landscape. The company inherently manages a large portfolio and ensures that shareholders maintain a clear understanding of their rights and the dynamics of their shares.
Understanding Total Voting Rights
As per the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rules, it is crucial for shareholders to be well-informed regarding the voting rights of their shares. This transparency is fundamental in assisting investors in making informed decisions regarding their investments in the company.
Current Share Information
As of a specified date, Alliance Trust PLC has a total of 284,244,600 Ordinary shares issued, each with a nominal value of 2.5 pence. Out of these, 2,135,000 Ordinary shares are retained in Treasury, which denotes that they are not currently in circulation or available for trading.
Calculating Voting Rights
From the total number of shares issued, the effective voting rights available to shareholders stand at 282,109,600. This figure is essential for shareholders as it forms the basis for determining the denominator in calculations regarding their interests in the company. Whenever shareholders make transactions or changes in their share structures, they need this figure to ascertain whether they must notify their interest under the FCA’s guidelines.
Why Voting Rights Matter
Understanding your voting rights as a shareholder provides you with the ability to influence significant company decisions. These rights can affect corporate policies, board decisions, and overall governance. Thus, being aware of the number of shares with voting rights equips shareholders with the necessary information to manage their stakes effectively.
Getting More Information
If you require further insights or have specific queries regarding your interests in Alliance Trust PLC, you can reach out for professional guidance. It is always wise for shareholders to stay proactive about their investments.
Contact for Inquiries
For further assistance, you can connect with:
Juniper Partners Limited
Company Secretary
Phone: 0131 378 0500
Frequently Asked Questions
What are total voting rights?
Total voting rights refer to the number of shares that confer the right to vote on important company decisions.
How can I use the voting rights figure?
Shareholders can use the voting rights figure to ascertain their requirement to disclose interest changes according to FCA rules.
Why is it important to know the number of shares in Treasury?
Knowing the shares held in Treasury helps shareholders understand how many shares are circulating and available for voting.
How often is the total voting rights figure updated?
The total voting rights figure is updated periodically, particularly after any new share issuances or treasury share transactions.
Who can I contact for more information regarding my shares?
You can contact Juniper Partners Limited for any inquiries or additional information regarding Alliance Trust PLC.
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