In a inventory alternate discover at the moment (28 June), HNE famous that, as a part of the proposals to merge with the Henderson European Focus belief (HEFT) to create the Henderson European belief, traders holding 52.5% of HNE shares opted to obtain new shares within the merged belief.
This included shareholders who made no election on the matter.
The rest of shareholders – representing 47.5% of issued shares – opted for a money choice.
Henderson European Focus tender supply oversubscribed by greater than double
Nonetheless, HNE defined the money choice is proscribed in combination to fifteen% of the issued sh…