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Tetragon Financial Group Ltd (TFGS) ORD USD0.001(GBP)

Sell:1,040.00p Buy:1,100.00p 0 Change: 5.00p (0.47%)
Market closed |  Prices as at close on 7 April 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Tetragon Financial Group Ltd ORD USD0.001(GBP)

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 25 Mar 2026)

What is happening?

 

Tetragon Financial Group Ltd wants to return up to USD50 million to shareholders. To do this the company is offering to buy its shares at a price between USD13.25 and USD15.25. This is called a tender offer.

 

If you don’t want to tender your shares, you don't need to do anything. You’ll keep your existing shares.

 

Please see below for a breakdown of the tender offer:

 

• You can ask to sell (tender) some or all of your shares at a specific price which is not less than USD13.25, or greater than USD15.25 (in increments of USD0.25, e.g. USD13.25, USD13.50, USD13.75, USD14.00, etc.) 
• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to USD50 million.
• If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.
• If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender. As your shares are held with Hargreaves Lansdown, scaling back of excess tenders may not be on the same terms as those announced by the company.
• Any proceeds will be converted to Pound Sterling upon receipt subject to the prevailing exchange rate at the time and our standard currency conversion fees.

 

Sell shares in the offer – Act by noon on Friday 10 April 2026

 

If you wish to split your tender between different prices please call us on 0117 900 9000 with your instruction.

 

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 and not on the summary information outlined above.

×
Sell:1,040.00p
Buy:1,100.00p
Change: 5.00p (0.47%)
Deal now Deal for just £6.95 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 7 April 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Tetragon Financial Group Ltd ORD USD0.001(GBP)

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 25 Mar 2026)

What is happening?

 

Tetragon Financial Group Ltd wants to return up to USD50 million to shareholders. To do this the company is offering to buy its shares at a price between USD13.25 and USD15.25. This is called a tender offer.

 

If you don’t want to tender your shares, you don't need to do anything. You’ll keep your existing shares.

 

Please see below for a breakdown of the tender offer:

 

• You can ask to sell (tender) some or all of your shares at a specific price which is not less than USD13.25, or greater than USD15.25 (in increments of USD0.25, e.g. USD13.25, USD13.50, USD13.75, USD14.00, etc.) 
• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to USD50 million.
• If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.
• If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender. As your shares are held with Hargreaves Lansdown, scaling back of excess tenders may not be on the same terms as those announced by the company.
• Any proceeds will be converted to Pound Sterling upon receipt subject to the prevailing exchange rate at the time and our standard currency conversion fees.

 

Sell shares in the offer – Act by noon on Friday 10 April 2026

 

If you wish to split your tender between different prices please call us on 0117 900 9000 with your instruction.

 

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 and not on the summary information outlined above.

×
Sell:1,040.00p
Buy:1,100.00p
Change: 5.00p (0.47%)
Market closed |  Prices as at close on 7 April 2026 Prices delayed by at least 15 minutes | Switch to live prices |
Tender Offer

Tetragon Financial Group Ltd ORD USD0.001(GBP)

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 25 Mar 2026)

What is happening?

 

Tetragon Financial Group Ltd wants to return up to USD50 million to shareholders. To do this the company is offering to buy its shares at a price between USD13.25 and USD15.25. This is called a tender offer.

 

If you don’t want to tender your shares, you don't need to do anything. You’ll keep your existing shares.

 

Please see below for a breakdown of the tender offer:

 

• You can ask to sell (tender) some or all of your shares at a specific price which is not less than USD13.25, or greater than USD15.25 (in increments of USD0.25, e.g. USD13.25, USD13.50, USD13.75, USD14.00, etc.) 
• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to USD50 million.
• If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.
• If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender. As your shares are held with Hargreaves Lansdown, scaling back of excess tenders may not be on the same terms as those announced by the company.
• Any proceeds will be converted to Pound Sterling upon receipt subject to the prevailing exchange rate at the time and our standard currency conversion fees.

 

Sell shares in the offer – Act by noon on Friday 10 April 2026

 

If you wish to split your tender between different prices please call us on 0117 900 9000 with your instruction.

 

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 and not on the summary information outlined above.

×
Deal now Deal for just £6.95 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

Tetragon aims to generate distributable income and capital appreciation by investing primarily in alternative assets and strategies. It partners with asset managers offering differentiated expertise while also making direct, idiosyncratic investments.Tetragon also invests through Tetragon Partners across various strategies alongside other investors and seeks to realize value from its GP stakes when appropriate.
Security Weight
Equitix 29.07%
Westbourne River Event Fund - Low Net 9.66%
Bgo 9.15%
Direct 8.03%
Lcm 7.05%
Hawke’s Point Funds And Co-Investments 6.25%
Banyan Square Funds 5.12%
Westbourne River Event Fund - Long Bias 4.96%
U.S. Cl Os 2.83%
Tetragon Credit Partners Funds 2.40%

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Management fee of 1.5% p.a. of the NAV payable monthly in advance prior to the deduction of any accrued incentive fees. The Issuer will also pay an incentive fee equal to 25% of the increase in the NAV above i the reference NAV plus ii the hurdle for the period.

Dividend Policy

Tetragon seeks to return value to its shareholders, for this, dividend is declared and paid quarterly.

ASSET SPLIT

Total number of holdings: 24.

Trust Manager

Not Disclosed

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Steven Hart, David OLeary, Reade Griffith, Paddy Dear, Deron Haley

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'.