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Herald Investment Trust plc (HRI) Ordinary 25p

Sell:2,500.00p Buy:2,515.00p 0 Change: 20.00p (0.79%)
FTSE 250:0.55%
Market closed |  Prices as at close on 2 February 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Herald Investment Trust plc Ordinary 25p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 26 Jan 2026)

You have the chance to sell up to 100% of your Herald Investment Trust plc shares back to the company. This is called a tender offer and is a way companies return cash to shareholders.

We don’t know yet what price you’ll get for the shares you sell. From 16 February 2026 Herald Investment Trust plc will move the assets of the trust represented by the shares being sold into a separate pool. These assets will then be sold and the pro rata realised value of the pool, after the costs of the offer are deducted, will be paid to shareholders who sold shares in the offer. It is expected that the tender price will be close to the Net Asset Value (NAV) of the shares.

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.

Sell shares in the offer – Act by noon on Wednesday 11 February 2026

Any shares you ask to sell will be removed from your portfolio from 11 February 2026. The tender price is expected to be announced in or around the week commencing 11 May 2026. Payment for shares sold in the offer is expected within 10 business days of this tender price announcement.

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:2,500.00p
Buy:2,515.00p
Change: 20.00p (0.79%)
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 February 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Herald Investment Trust plc Ordinary 25p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 26 Jan 2026)

You have the chance to sell up to 100% of your Herald Investment Trust plc shares back to the company. This is called a tender offer and is a way companies return cash to shareholders.

We don’t know yet what price you’ll get for the shares you sell. From 16 February 2026 Herald Investment Trust plc will move the assets of the trust represented by the shares being sold into a separate pool. These assets will then be sold and the pro rata realised value of the pool, after the costs of the offer are deducted, will be paid to shareholders who sold shares in the offer. It is expected that the tender price will be close to the Net Asset Value (NAV) of the shares.

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.

Sell shares in the offer – Act by noon on Wednesday 11 February 2026

Any shares you ask to sell will be removed from your portfolio from 11 February 2026. The tender price is expected to be announced in or around the week commencing 11 May 2026. Payment for shares sold in the offer is expected within 10 business days of this tender price announcement.

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:2,500.00p
Buy:2,515.00p
Change: 20.00p (0.79%)
Market closed |  Prices as at close on 2 February 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Herald Investment Trust plc Ordinary 25p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 26 Jan 2026)

You have the chance to sell up to 100% of your Herald Investment Trust plc shares back to the company. This is called a tender offer and is a way companies return cash to shareholders.

We don’t know yet what price you’ll get for the shares you sell. From 16 February 2026 Herald Investment Trust plc will move the assets of the trust represented by the shares being sold into a separate pool. These assets will then be sold and the pro rata realised value of the pool, after the costs of the offer are deducted, will be paid to shareholders who sold shares in the offer. It is expected that the tender price will be close to the Net Asset Value (NAV) of the shares.

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.

Sell shares in the offer – Act by noon on Wednesday 11 February 2026

Any shares you ask to sell will be removed from your portfolio from 11 February 2026. The tender price is expected to be announced in or around the week commencing 11 May 2026. Payment for shares sold in the offer is expected within 10 business days of this tender price announcement.

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.
Open:
2,520.00p
Trade high:
2,535.00p
Year high:
2,660.00p
Estimated NAV:
2,746.02
Previous close:
2,535.00p
Trade low:
2,495.35p
Year low:
1,688.00p
Premium/Discount:
-7.87%
Previous:
5.00p (0.20%) Previous:
5.00p
Volume:
7,551
Dividend yield:
n/a
Currency:
GBX
Data delayed by at least 15 minutes.

Share chart Chart

Price

  • Net Asset Value (NAV)
HERALD INV. performance chart

The chart is based on estimated NAV but will be updated with actual NAV when available.

Premium/Discount

HERALD INV. performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 3.61% 1 year 1Y 7.64%
1 month 1M 5.19% 2 years 2Y 27.77%
3 months 3M 0.4% 3 years 3Y 33.42%
6 months 6M 4.32% 5 years 5Y 14.45%

Performance figures are based on the previous close price. Past performance is not an indication of future performance.

Trust Basics

Benchmark: Russell 2000 Ind/Tech TR USD
Annual management charge: n/a
Performance fee: No
Ongoing charge: 1.09%
Dividend yield: n/a
Dividend frequency: Annually
Total assets: £1,314m
Gross gearing: 0%
Market capitalisation:Market cap.: £1,211m
Shares in issue: 47.86 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB0004228648

Dividend information for this stock is not available.

Dividend information for this stock is not available.

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Important Documents



Objective

The objective is to achieve capital appreciation through investments in smaller quoted companies in the areas of technology and communications. Investments will be made throughout the world. The business activities of investee companies will include information technology, broadcasting, printing and publishing and the supply of equipment and services to these companies.

NET ASSET VALUE (NAV)

Estimated NAV: 2,746.02p
Latest actual NAV: 2,769.36p
Latest actual NAV date: 29 January 2026
Premium/Discount: -7.87%
12m average Premium/Discount: -10.05%
NAV frequency: Daily
Security Weight
Celestica Inc Ordinary Shares (Subordinate Voting) 4.37%
Fabrinet 2.83%
United States Treasury Notes 3.75% 2.36%
BE Semiconductor Industries NV EUR0.01 2.11%
Pegasystems Inc 2.05%
Silicon Motion Technology Corp ADR 2.00%
Diploma plc Ordinary 5p 1.90%
Super Micro Computer Inc 1.89%
Trustpilot Group plc ORD GBP0.01 1.44%
Nordic Semiconductor NOK0.01 1.44%
Sector Weight
Technology 67.71%
Industrials 12.49%
Communication Services 5.59%
Healthcare 4.39%
Utilities 1.15%
Consumer Defensive 0.99%
Consumer Cyclical 0.53%
Financial Services 0.45%
Basic Materials 0.39%
Energy 0.20%
Country Weight
United States 32.80%
United Kingdom 26.55%
Canada 8.29%
Japan 4.59%
Taiwan 3.69%
France 3.46%
Norway 3.43%
Australia 3.11%
China 2.64%
Netherlands 2.11%

Key Dates

Launch date: 31 January 1994
Financial year end: December
Next AGM: April 2026

Annual & interim reports

Value Assessment

Value Assessment review date: 17 June 2025
Value Assessment next review date: 17 June 2026
Is Assessment of Value required under COLL: No
Outcome of COLL Assessment of Value: n/a
Outcome of PRIN Value Assessment or review: Product expected to provide fair value for reasonably foreseeable period
Other review related to value and or charges: -
Further information: -
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. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV 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'.