BMO Managed Portfolio Trust PLC Change of Name (8694Q)
June 30 2022 - 7:54AM
UK Regulatory
TIDMBMPG
RNS Number : 8694Q
BMO Managed Portfolio Trust PLC
30 June 2022
To: RNS
From: BMO Managed Portfolio Trust PLC (now called CT Global
Managed Portfolio Trust PLC)
Date: 30 June 2022
LEI: 213800ZA6TW45NM9YY31
Change of Name
BMO Managed Portfolio Trust PLC (the "Company") announces that
it has changed its name to CT Global Managed Portfolio Trust PLC
with effect from 29 June 2022.
The Company's trading instrument display mnemonic ("TIDM") will
change to CMPI and CMPG for the Company's Income shares and Growth
shares respectively. The ISIN and SEDOL numbers will remain
unchanged.
It is expected that the Company's shares will trade under the
new name and TIDMs on the London Stock Exchange with effect from
8.00 a.m. on 1 July 2022.
The Company's website address will be amended to reflect the
change of name and will be available at
www.ctglobalmanagedportfolio.co.uk from 4 July 2022.
Shareholders are unaffected by the change of name and existing
share certificates should be retained and will remain valid. Any
new share certificates issued will bear the name CT Global Managed
Portfolio Trust PLC. The investment policy and process remain
unchanged with Peter Hewitt as Fund Manager.
Background
The Company's investment manager is part of BMO GAM (EMEA)
which, in November 2021, was acquired and is currently being
integrated into Columbia Threadneedle Investments. Columbia
Threadneedle has been working hard to integrate both organisations
in a considered and thoughtful way, focused on delivering the best
possible outcomes for all its clients.
The combined business now has more than 2500 staff, including
over 650 investment professionals based in North America, Europe
and Asia. At 31 March 2022 Columbia Threadneedle managed GBP531
billion of client assets. The transaction also brings additional
capabilities to Columbia Threadneedle in areas such as investment
trusts, investment solutions, alternatives and responsible
investment.
From 4 July 2022, the entire BMO GAM (EMEA) business will be
rebranded as Columbia Threadneedle Investments, unifying the
businesses under its global brand. Aligned to this date, all
savings plan products and legal entities, which currently operate
under the "BMO" prefix, will also use the "CT" prefix.
Many of the Company's shareholders invest through the BMO
savings plans. With the BMO brand changing to Columbia Threadneedle
Investments, the Company's Board has therefore resolved that
continuing to align with the brand of its Manager, as well as the
saving plans, avoids unnecessary confusion, and ensures the Company
maximises the benefits resulting from broader investment by
Columbia Threadneedle Investments.
For further information please contact:
Ian Ridge, BMO Investment Business Limited 0207 628 8000
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END
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