BMO Private Equity Trust PLC Change of Name (8856Q)
June 30 2022 - 9:22AM
UK Regulatory
TIDMBPET
RNS Number : 8856Q
BMO Private Equity Trust PLC
30 June 2022
CT Private Equity Trust PLC
(Formerly known as BMO Private Equity Trust PLC)
LEI: 2138009FW98WZFCGRN66
Change of Name
BMO Private Equity Trust PLC ("the Company") announces that it
has changed its name to CT Private Equity Trust PLC.
The change has been approved by the Board of Directors in
accordance with the Company's Articles of Association.
The Company's shares will trade under the new name on the London
Stock Exchange from 8.00 a.m. London time on 1 July 2022.
The Company's trading instrument display mnemonic ("TIDM") will
change to CTPE. The ISIN and SEDOL numbers will remain
unchanged.
The Company's website address will be amended to reflect the
change of name and from 4 July 2022 will become
ctprivateequitytrust.com.
Shareholders are unaffected by the changes and existing share
certificates will remain valid and should be retained. The
investment policy and processes remain the same under the same
Manager with Hamish Mair as Fund Manager.
Background
Your Company's investment manager is part of BMO GAM (EMEA)
which, in November 2021, was acquired by, 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 2,500 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.
Benefits for shareholders
Many of the Company's Shareholders invest through the BMO
savings plans. With the BMO brand changing to Columbia Threadneedle
Investments ( www.ctinvest.co.uk ), the Company's Board has
resolved that continuing to align with the brand of its Manager, as
well as the saving schemes, avoids unnecessary confusion, and
ensures the Company maximises the benefits of the broader Columbia
Threadneedle Investments brand.
For further information please contact:
CT Private Equity Trust PLC
Hamish Mair (Investment Manager) 0131 718 1000
Scott McEllen (Company Secretary) 0131 718 1000
hamish.mair@bmogam.com / scott.mcellen@bmogam.com
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END
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