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F&C Investment Trust PLC announced on 14 March 2023 that it holds 51,453 shares in Silicon Valley Bank (SVB). Prior to its suspension on 10 March 2023, this holding was valued at £4.5m, representing 0.09% of the Company's total portfolio, and its price has now been written down to zero.
| Date | 14 Mar 2023 |
| Time | 12:26:32 |
| Category | Corporate updates |
| ID | 9448S |
LONDON STOCK EXCHANGE ANNOUNCEMENT
F&C INVESTMENT TRUST PLC
LEI: 213800W6B18ZHTNG7371
Holding in Silicon Valley Bank ('SVB')
Given recent events, the Board of F&C Investment Trust plc wishes to advise that the Company holds 51,453 shares in Silicon Valley Bank. Prior to suspension of the stock on 10 March 2023, the holding was valued at £4.5m, representing approximately 0.09% of the Company's total portfolio and is therefore considered to be immaterial. The price of the holding has been written down to zero.
14 March 2023
Columbia Threadneedle Investment Business Limited,
Company Secretary
For further information, please contact:
Jonathan Latter
For and on behalf of
Columbia Threadneedle Investment Business Limited
020 3530 6283