AN92 Charter Euro A

RNS Number:8649U
Charter European Trust PLC
22 April 2002


CHARTER EUROPEAN TRUST PLC (the "Company")

The Company is pleased to announce that on the basis of elections made under the
scheme of reconstruction and the offer for subscription, it is anticipated that
the assets of Charter Pan-European Trust plc, the Company's successor trust,
will be approximately £80 million at launch.

19,231,517 shares in the Company rolled over into the new trust and valid
applications have been received under the offer for subscription in respect of
865,100 shares in Charter Pan-European Trust plc. All shares applied for under
the offer for subscription will be allotted in full at the issue price of 150p.

David Benson, Chairman of the Company, said

"We are delighted with the strong level of support that has resulted in the
creation of a substantial new Pan-European Trust. This confirms our long held
belief that a number of our shareholders wanted to remain invested in a
successor trust to Charter with its Pan-European remit."



Enquiries:

David Benson                Tel: 020 7490 8828
Charter European Trust plc

Robert Finlay               Tel: 020 7588 4000
Credit Lyonnais Securities

Tessa Murray                Tel: 020 7475 8861
Dresdner RCM

Henrietta Guthrie           Tel: 020 7490 8828
Lansons Communications



                      This information is provided by RNS
            The company news service from the London Stock Exchange

Charter Euro A (LSE:AN92)
Gráfica de Acción Histórica
De Abr 2024 a May 2024

Charter Euro A (LSE:AN92)
Gráfica de Acción Histórica
De May 2023 a May 2024