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The Lindsell Train Investment Trust launches tender offer to purchase up to 20 per cent. of the issued share capital of the Company

September 2026

The Lindsell Train Investment Trust plc is an LSE Main Market listed investment trust that was established to help support the business of the investment management company Lindsell Train Limited (LTL) and to provide investors with the opportunity to share in LTL’s potential growth.

The Trust’s investment objective is to maximise long-term total returns, with a minimum objective to maintain the real purchasing power of Sterling capital, by investing globally in a wide range of financial assets with no limitations on the markets and sectors in which investment may be made. There is likely to be a bias towards equities and Sterling assets, consistent with a Sterling-dominated investment objective. Included in the range of assets are Lindsell Train managed funds and the unlisted security Lindsell Train Limited.

 

Launch of tender offer

On 11 September 2026, the Company announced a proposed tender offer setting out the terms for up to 20% of the issued share capital of the Company at a tender price set at a 5% discount to NAV.

Having worked with Frostrow Capital who acts as Company Secretary and Administrator to Lindsell Train, on the production of its annual report for several years, the Perivan shareholder communications team was delighted to work with Stevenson Harwood who acted as Legal Adviser on the circular and ancillary documentation which were successfully produced and posted to eligible shareholders on 11 September 2026.

 

Perivan specialises in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and is a market leader in the production of documentation relating to corporate finance transactions.