2 September 2024
Premier
Miton Global Renewables Trust PLC
(the
`Company')
Non-material
change to Investment Objective
The
Company announces that it has made a non-material change to its
Investment Objective.
The Board
of the Company has considered the Financial Conduct Authority's
Sustainability Disclosure Requirements (`SDR') which come into
force on 2 December 2024 and has
confirmed that pursuant to the SDR's voluntary labelling regime,
the Company will not seek to adopt a label for its
products.
The
wording of the Company's Investment Objective refers to
"sustainable" infrastructure investments. In light of the SDR, as
the Company will not be adopting a label, the Board believes it
would be prudent to change the word in quotation marks to
"similar".
Accordingly,
with immediate effect, the Company's investment objective is
changed to:
The Company's investment objectives are to achieve a high
income from, and to realise long-term growth in the capital value
of its portfolio. The Company seeks to achieve these objectives by
investing principally in equity and equity related securities of
companies operating primarily in the renewable energy sector, as
well as other similar
infrastructure investments.
Please
note that there will be no change to how the investment portfolio
is managed. The change will also be reflected in the wording of the
investment policy.
For
further information, please contact:
Premier
Fund Managers Limited, Investment
Manager
+44 (0)
1483 30 60 90
Claire Long, Head of Investment Trusts
James Smith, Investment Manager
Link
Company Matters Limited, Company Secretary
pmgr@linkgroup.co.uk