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AVI Japan Opportunity Trust to Increase Ownership of Broadmedia in Japan

MT Newswires·12/10/2025 00:18:51
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12:18 AM EST, 12/10/2025 (MT Newswires) -- AVI Japan Opportunity Trust (AJOT.L) on Tuesday disclosed its plan to increase its ownership of Japanese content distribution company Broadmedia. The London-listed investment trust said it will offer 2,200 yen per share to acquire additional shares in the portfolio company. Asset Value Investors, the investment manager of AVI Japan, will grow its control of Broadmedia to up to 40% of the company's voting rights, depending on the success of the offer. Including ownership held through other managed funds, Asset Value currently controls more than 29% of the voting rights in Broadmedia.