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AVI Japan Opportunity Trust Plc (AJOT) Ord

Sell:170.50p Buy:173.00p 0 Change: 1.00p (0.58%)
FTSE All Share:0.39%
Market closed |  Prices as at close on 2 January 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

AVI Japan Opportunity Trust Plc Ord

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 23 Dec 2025)

AVI Japan Opportunity Trust Plc has announced details of a tender offer for up to 27,224,600 shares. To do this the company is offering to buy its shares at a price equal to a 2% discount to the Net Asset Value (NAV) per share, due to be calculated at the close of business on 13 January 2026, less any transaction costs directly associated with realising assets to satisfy elections.

 

The tender offer applies only to shares that have fully settled before the record date of 10 December 2025. Consequently, any shares purchased on or after 9 December 2025 will not be eligible to participate in the tender offer.

 

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything.

 

The tender offer is subject to shareholder approval at a meeting to be held on 13 January 2026

 

Sell shares in the offer – Act by noon on Friday 9 January 2026

 

Any shares you ask to sell will be removed from your portfolio from 9 January 2026. You’ll receive cash from shares successfully sold on or around 21 January 2026.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:170.50p
Buy:173.00p
Change: 1.00p (0.58%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 2 January 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

AVI Japan Opportunity Trust Plc Ord

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 23 Dec 2025)

AVI Japan Opportunity Trust Plc has announced details of a tender offer for up to 27,224,600 shares. To do this the company is offering to buy its shares at a price equal to a 2% discount to the Net Asset Value (NAV) per share, due to be calculated at the close of business on 13 January 2026, less any transaction costs directly associated with realising assets to satisfy elections.

 

The tender offer applies only to shares that have fully settled before the record date of 10 December 2025. Consequently, any shares purchased on or after 9 December 2025 will not be eligible to participate in the tender offer.

 

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything.

 

The tender offer is subject to shareholder approval at a meeting to be held on 13 January 2026

 

Sell shares in the offer – Act by noon on Friday 9 January 2026

 

Any shares you ask to sell will be removed from your portfolio from 9 January 2026. You’ll receive cash from shares successfully sold on or around 21 January 2026.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Sell:170.50p
Buy:173.00p
Change: 1.00p (0.58%)
Market closed |  Prices as at close on 2 January 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

AVI Japan Opportunity Trust Plc Ord

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 23 Dec 2025)

AVI Japan Opportunity Trust Plc has announced details of a tender offer for up to 27,224,600 shares. To do this the company is offering to buy its shares at a price equal to a 2% discount to the Net Asset Value (NAV) per share, due to be calculated at the close of business on 13 January 2026, less any transaction costs directly associated with realising assets to satisfy elections.

 

The tender offer applies only to shares that have fully settled before the record date of 10 December 2025. Consequently, any shares purchased on or after 9 December 2025 will not be eligible to participate in the tender offer.

 

You can ask to sell all or part of your holding in the offer. If you don’t want to sell any shares, you don’t need to do anything.

 

The tender offer is subject to shareholder approval at a meeting to be held on 13 January 2026

 

Sell shares in the offer – Act by noon on Friday 9 January 2026

 

Any shares you ask to sell will be removed from your portfolio from 9 January 2026. You’ll receive cash from shares successfully sold on or around 21 January 2026.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

×
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

To provide Shareholders with a total return in excess of the MSCI Japan Small Cap Index, through the active management of a focused portfolio of equity investments listed or quoted in Japan which have been identified as undervalued and having a significant proportion of their market capitalisation held in cash, listed securities and/or realisable assets.
Security Weight
Kurabo Industries Ltd 11.62%
Raito Kogyo Co Ltd 10.81%
Rohto Pharmaceutical Co Ltd 8.67%
Eiken Chemical Co Ltd 8.45%
Wacom Co Ltd 7.73%
Atsugi Co Ltd 7.43%
SharingTechnology Inc 7.20%
Broadmedia Corp 6.92%
Mitsubishi Logistics Corp 6.69%
Aoyama Zaisan Networks Co Ltd 6.21%
Sector Weight
Industrials 39.05%
Communication Services 14.12%
Technology 10.99%
Healthcare 10.20%
Consumer Defensive 8.67%
Consumer Cyclical 7.43%
Real Estate 6.21%
Basic Materials 3.26%
Country Weight
Japan 99.94%

Fee Structure

The Company and the Investment Manager have introduced a revised fee structure under which the annual management fee is reduced to tiered rates based on the lesser of NAV or market capitalisation, and 25% of the fee will continue to be reinvested into the Companys shares.

Dividend Policy

The Company will not have any formal policy to achieve any specified level of dividend. However, the Board will distribute substantially all of the net revenue arising from the investment portfolio and is expected to pay an annual dividend, but this may vary substantially from year to year.

ASSET SPLIT

Total number of holdings: 22.

Trust Manager

Joe Bauernfreund

Manager Bio

As of 1 October 2015, Joe Bauernfreund is the named portfolio manager of the AVI Global Trust. He joined Asset Value Investors in July 2002 as an Investment Analyst, following completion of a Masters in Finance from the London Business School. At first, Joe worked closely with John Walton in focusing on the European Holding Companies. He then covered the entire portfolio and became joint manager with John Pennink. Prior to joining Asset Value Investors, Joe worked six years for a real estate investment organisation in London.

Board Of Directors

Norman CrightonChairman, Margaret Stephens, Andrew Rose, Thomas Yoritaka

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.