Rights and Issues Investment Trust plc

Rights and Issues Investment Trust plc Back to Company

Dealing and Enquiry Line: 01245 398984 (enquiries only)
Rights and Issues Investment Trust plc

Investment Policy

The Board’s objective is to exceed the benchmark index over the long-term whilst managing risk. The Trust invests in equities with an emphasis on smaller companies. UK smaller companies will normally constitute at least 80% of the investment portfolio. UK smaller companies include both listed securities and those quoted on the Alternative Investment Market (“AIM”).

The investment portfolio will normally lie in the range of 80% to 100% of shareholders’ funds and therefore gearing will normally be between -20% and 0%.  As a result of the Alternative Investment Fund Managers regulations 2013 it has been decided that the Company will not use gearing.

The Board continues with its long term strategy of seeking out undervalued investments that have characteristics consistent with a matrix of criteria developed by the Investment Director.  This is supported by the 5 yearly review that addresses the above objective, the next being due in July 2016.

There is a rigorous process of risk analysis at the level of the individual investment based on the characteristics of the investee company. This controls the overall risk profile of the investment portfolio allowing a higher level of concentration in the investment portfolio.

The investment portfolio is then managed on a medium-term basis with a low level of turnover of investments. This minimises transaction costs and ensures a medium-term consistency of the investment approach.

AIFMD Directive

The Board has been granted authorisation by the FCA to be its own AIFM.

Non Mainstream Investment Products

The Board notes the proposed changes to the FCA rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which came into effect on 1 January 2014.

The Board confirms that it conducts its affairs, and intends to continue to conduct its affairs, so that the Company’s Income Shares will be excluded securities under these new rules and will therefore be excluded from the FCA’s restrictions which apply to non-mainstream investment products. The Company’s Shares are excluded securities because the Company is an investment trust.

Company Announcements

All company announcements are available on the London Stock Exchange Regulatory News Service website

Headline
Document
Buy Back - 20 November 2017
Buy Back - 17 November 2017
Buy back - 16 November 2017
Buy Back - 15 November 2017
Buy back - 14 November 2017
Click To Show All
Buy back - 7 November 2017
Buy back - 3 November 2017
Buy back - 2 November 2017
Buy back - 31 October 2017
Buy back - 30 October 2017
Buy back - 27 October 2017
Buy Back - 26-October-2017
NAV - 30 September 2017
Buy Back - 25 October 2017
Buy Back - 23 October 2017
Buy Back - 19 October 2017
Buy Back - 17 October 2017
Buy Back - 16 October 2017
Buy Back - 13 October 2017
Buy Back - 12 October 2017
Buy Back - 11 October 2017
Buy Back - 10 October 2017
Buy back - 9 October 2017
Total Voting Rights - 30 September 2017
Buy back - 29 September 2017
Buy back - 28 September 2017
Buy back - 15 September 2017
NAV - 31 August 2017
Buy back - 14 September 2017
Buy back - 13 September 2017
Buy back - 12 September 2017
Buy back - 8 September 2017
Buy back - 7 September 2017
Buy back - 6 September 2017
Buy back - 5 September 2017
Buy back - 31 Aug 2017
Buy back - 30 Aug 2017
Buy back - 29 Aug 2017
Buy back - 25 Aug 2017
Buy back - 24 Aug 2017
Buy Back - 23 Aug 2017
Buy Back - 17 Aug 2017
Buy Back - 16 Aug 2017
Buy Back - 11 Aug 2017
Buy Back - 10 Aug 2017
Buy Back - 8 Aug 2017
Buy Back - 7 Aug 2017
Buy Back - 4 Aug 2017
Total Voting Rights - 01 Aug 2017
Buy Back - 31 July 2017
30 June 2017 - NAV
Buy Back - 26 July 2017
Buy Back - 25 July 2017
Buy Back - 14 July 2017
Buy Back - 13 July 2017
Buy Back - 7 July 2017
Buy Back - 6 July 2017
Buy Back - 5 July 2017
Buy Back - 4 July 2017
Buy Back - 30 June 2017
Buy Back - 29 June 2017
Buy Back - 28 June 2017
31-05-2017 NAV
Buy Back - 23 June 2017
Buy Back - 21 June 2017
Buy Back - 19 June 2017
Buy Back - 15 June 2017
Buy Back - 13 June 2017
Buy Back - 9 June 2017
Buy Back - 8 June 2017
Buy Back - 7 June 2017
Buy Back - 31 May 2017
Buy Back - 30 May 2017
Buy Back - 26 May 2017
Buy Back - 25 May 2017
Buy Back - 16 May 2017
NAV - Month End 30-04-2017
Buy Back - 9 May 2017
Buy Back - 4 May 2017
Buy Back - 3 May 2017
Total Voting Rights
Buy Back - 2 May 2017
Buy Back - 28 April 2017
Buy back - 27 April 2017
Buy Back -26 April 2017
Buy Back - 25 April 2017
Buy Back - 24 April 2017
Buy Back - 21 April 2017
Buy Back - 18-04-2017
Buy Back - 12 April 2017
Buy Back - 11 April 2017
Buy Back - 10 April 2017
Month End NAV - March
Buy Back - 7 April 2017
Buy Back - 5 April 2017
Buy Back - 4 April 2017
Buy Back - 3 April 2017
Buy back - 31 March 2017
AGM Results 2017
Buy Back - 30 March 2017
Buy Back 28 March 2017
Buy Back - 27 March 2017
Buy Back - 24 March 2017
BuyBack - 22 March 2017
Buy Back - 23 March 2017
NAV - February 2017
Buy Back - 20 March 2017
Buy Back - 17 March 2017
Buy Back - 16 March 2017
Buy Back - 15 March 2017
Buy Back - 14 March 2017
Buy Back - 10 March 2017
Buy Back - 9 March 2017
Buy Back - 8 March 2017
Buy Back - 7 March
Buy Back - 2 March 2017
Buy Back - 1 March 2017
Total Voting Rights - 1 March 2017
Buy Back - 28 February 2017
Buy Back - 27 February 2017
Accounts, Dividend and AGM - 27 February 2017
Buy Back - 24 February 2017
Buy Back - 23 February 2017
Buy Back - 22 February 2017
Buy Back - 20 February 2017
Buy Back - 16 February 2017
Buy Back - 9 February 2017
Buy Back - 8 February 2017
Buy Back - 7 February 2017
Buy Back - 6 February 2017
Buy Back - 3 February 2017
Buy Back - 2 February 2017
Buy Back - 1 February 2017
Total Voting Rights - 1 February 2017
Net Asset Value - 31 January 2017
Buy Back - 27 January 2017
Buy Back - 26 January 2017
Buy Back - 25 January 2017
Buy Back - 24 January 2017
Buy Back - 23 January 2017
Buy Back - 20 January 2017
Buy Back - 17 January 2017
Buy Back - 12 January 2017
Buy Back - 10 January 2017
Buy Back - 5 January 2017
Buy Back - 3 January 2017
Buy Back - 30 December 2016
Buy Back - 29 December 2016
Buy Back - 28 December 2016
Buy Back - 23 December 2016
Buy Back - 22 December 2016
Buy Back - 21 December 2016
Buy Back - 19 December 2016
Buy Back - 16 December 2016
Buy Back - 15 December 2016
Buy Back - 14 December 2016
Buy Back - 13 December 2016
Buy Back - 12 December 2016
Buy Back - 8 December 2016
Buy Back - 9 December 2016
Buy Back - 7 December 2016
Discount Management Policy
NAV - November 2016
NAV - October
MI Discretionary Unit Fund transfer of sponsorship agreement
NAV - August 2016
NAV - July 2016
Half Year Report
NAV - June 2016
Total Voting Rights - June 2016
NAV - May 2016
Form 8.3 - British Polythene Industries
TR-1 Peter & Judith Allen
TR-1 Dartmoor Inv Trust
TR-1 Simon Knott
TR-1 Armstrong Investments
TR-1 Josephine Knott
TR-1 Helen Knott
Allotment of Shares
Results of GM
Net Asset Value - April
Proposals for the conversion of the Company's Capital Shares
Net Asset Value - March 2016
TR-1 Dartmoor Inv Trust
TR-1 Capital Gearing
AGM Results
Net Asset Value - February 2016
Net Asset Value - January 2016
Final Dividend Announcement - 2016 02 26
Annual Financial Statements - 2016 02 26
TR-1 Armstrong Investments Limited
TR-1 Armstrong Investments
Net Asset Value - December 2015
Dividend Announcement - November 2015
Net Asset Value - November 2015
Net Asset Value - October 2015
Net Asset Value - September 2015
Major Shareholding Notification - V M Barr
TR-1 VM Barr
Net Asset Value - August 2015
Major Shareholding Notifcation - Armstrong Investments Limited
TR-1 Armstrong Investments
Net Asset Value - June 2015
Net Asset Value - July 2015
Major Shareholding Notification - CG Asset Management Ltd
TR-1 Capital Gearing
Net Asset Value - May 2015
Net Asset Value - April 2015
Major Shareholding - Dartmoor Investment Trust
AGM Results
AGM Statement
Net Asset Value - March 2015
Net Asset Value - February 2015
Net Asset Value - January 2015
Annual Results - 31 December 2014
Dividend Announcement
Change of Registered Office and Company Secretary
Net Asset Value - December 2014
Major Shareholding - Armstrong Investments Ltd
Net Asset Value - November 2014
Dividend Announcement
Interim Management Statement
Net Asset Value - October 2014
Net Asset Value - September 2014
Major Shareholding - P Allen
Net Asset Value - August 2014
Net Asset Value - July 2014
Net Asset Value - June 2014
Half-Year Results
Dividend Announcement
Net Asset Value - May 2014
Interim Management Statement
Net Asset Value - April 2014
Net Asset Value - March 2014
AGM Statement
Net Asset Value - February 2014
Net Asset Value - January 2014
Annual Results - 31 December 2013
Dividend Announcement
Suspension of Preference Share Class
Cancellation of Preference Share Class

Statutory Announcements

Headline
Document
Proxy Voting Figures 2017
Proxy Voting June 2016
General Meeting Proxy Voting
Shareholder Circular - Proposals for the conversion of the Company's Capital Shares
Notice of AGM

Enquiry

Details: Rights and Issues Investment Trust plc
Address: Springfield Lodge, Colchester Road, Chelmsford, Essex, CM2 5PW
Dealing and Enquiry: 01245 398984 (enquiries only)
Fax: 01245 398951
Email: cosec@maitlandgroup.co.uk

Registrar

Name: Capita Asset Services
Address: The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU
Telephone: 0871 644 0300

Corporate Secretary

Name: Maitland Administration Services Ltd
Address: Springfield Lodge, Colchester Road, Chelmsford, Essex, CM2 5PW
Telephone: 01245 398950

Auditor

Name: Begbies
Address: 9 Bonhill Street, London, EC2A 4DJ
Telephone: 020 7628 5801

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