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JPMorgan European Discovery Trust plc (JEDT) Ordinary 5p

Sell:461.00p Buy:463.00p 0 Change: 0.50p (0.11%)
FTSE 250:0.21%
Market closed Prices as at close on 3 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

JPMorgan European Discovery Trust plc Ordinary 5p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 2 Aug 2024)

JPMorgan European Discovery Trust plc has made an offer to repurchase up to 15% of their shares at a price based on the Net Asset Value (NAV) per share, less 2%. This is called a tender offer. The offer is subject to shareholder approval at an extraordinary general meeting (EGM) to be held on 2 September 2024.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 15% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

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 Monday 2 September 2024

 

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:461.00p
Buy:463.00p
Change: 0.50p (0.11%)
Market closed Prices as at close on 3 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

JPMorgan European Discovery Trust plc Ordinary 5p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 2 Aug 2024)

JPMorgan European Discovery Trust plc has made an offer to repurchase up to 15% of their shares at a price based on the Net Asset Value (NAV) per share, less 2%. This is called a tender offer. The offer is subject to shareholder approval at an extraordinary general meeting (EGM) to be held on 2 September 2024.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 15% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

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 Monday 2 September 2024

 

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:461.00p
Buy:463.00p
Change: 0.50p (0.11%)
Market closed Prices as at close on 3 October 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

JPMorgan European Discovery Trust plc Ordinary 5p

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 2 Aug 2024)

JPMorgan European Discovery Trust plc has made an offer to repurchase up to 15% of their shares at a price based on the Net Asset Value (NAV) per share, less 2%. This is called a tender offer. The offer is subject to shareholder approval at an extraordinary general meeting (EGM) to be held on 2 September 2024.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 15% of your shareholding. You can ask to sell more or less than this, but you might not successfully sell all the shares you tender above this entitlement.

 

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 Monday 2 September 2024

 

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.

×
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:
465.50p
Trade high:
465.88p
Year high:
487.00p
Estimated NAV:
506.77
Previous close:
461.00p
Trade low:
461.50p
Year low:
353.00p
Premium/Discount:
-8.44%
Previous:
3.00p (0.65%)
Previous:
3.00p
Volume:
66,962
Dividend yield:
2.28%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
JPMORG.EUR performance chart

Premium/Discount

JPMORG.EUR performance chart
Full interactive share price and premium / discount charts

Performance

1 week 1W 0.33% 1 year 1Y 24.59%
1 month 1M 1.65% 2 years 2Y 29.68%
3 months 3M 1.77% 3 years 3Y 11.35%
6 months 6M 0.86% 5 years 5Y 31.71%

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

Trust Basics

Benchmark: MSCI Europe ex UK Small Cap NR GBP
Annual management charge: n/a
Performance fee: No
Ongoing charge: 1.43%
Dividend yield: 2.28%
Dividend frequency: Semi-Annually
Total assets: £684m
Gross gearing: 12%
Market capitalisation:Market cap.: £556m
Shares in issue: 119.80 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00BMTS0Z37

Recent dividends paid or declared by JPMorgan European Discovery Trust plc:

Type Ex-div date Payment date Amount
Final 27/06/2024 02/08/2024 8.00p
Interim 28/12/2023 05/02/2024 2.50p
Final 29/06/2023 04/08/2023 7.80p
Interim 22/12/2022 03/02/2023 1.20p
Final 23/06/2022 29/07/2022 5.50p

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual JPMorgan European Discovery Trust plc dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
31/03/2024 2.30% 1.15 10.50p
31/03/2023 2.10% 1.23 9.00p
31/03/2022 1.50% 1.04 6.70p
31/03/2021 1.50% 0.66 6.70p
31/03/2020 2.70% 1.02 6.70p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

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Important Documents



Objective

The Company invests in a diversified portfolio of smaller companies in Europe, excluding the United Kingdom. There is no minimum or maximum limits on the number of investments in the portfolio.

NET ASSET VALUE (NAV)

Estimated NAV: 506.77p
Latest actual NAV: 506.66p
Latest actual NAV date: 1 October 2024
Premium/Discount: -8.44%
12m average Premium/Discount: -10.74%
NAV frequency: Daily
Sector Weight
Industrials 32.39%
Financial Services 13.36%
Consumer Cyclical 11.15%
Energy 9.79%
Healthcare 9.62%
Technology 6.30%
Real Estate 5.71%
Communication Services 5.58%
Consumer Defensive 5.36%
Basic Materials 2.69%
Country Weight
France 19.03%
Germany 16.47%
Italy 14.85%
Sweden 13.83%
Netherlands 6.79%
Austria 6.17%
Norway 5.99%
Denmark 5.83%
Switzerland 3.15%
Spain 3.12%

Key Dates

Launch date: 18 April 1990
Financial year end: March
Next AGM: July 2025
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'.