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CT Healthcare Trust Kicks Off Second Quarterly Tender Offer

MT Newswires·08/07/2026 03:12:33
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03:12 AM EDT, 08/07/2026 (MT Newswires) -- CT Healthcare Trust (CTHT.L) launched Friday its second quarterly tender offer for its own shares since Columbia Threadneedle became its investment manager in March. The British investment trust is offering to buy back up to 15% of its issued share capital, excluding treasury shares, at a price based on its net asset value per share as of Sept. 1, less tender-related expenses. A matching facility to be operated by J.P. Morgan Cazenove will also be set up to allow investors to acquire shares tendered by existing shareholders. All tendered shares not sold through the facility will be repurchased by CT Healthcare Trust. The offer and matching facility are subject to shareholders' approval at a Sept. 2 general meeting.