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Henderson European Trust Plc's Board approved the reclassification of its Shares, effective 8.00 a.m. on 25 September 2025, confirming an updated figure of 219,332,790 Shares (70.96%) to be reclassified as 'A' rights for New FEV Shares and 89,775,401 Shares (29.04%) as 'B' rights for cash. The FCA and London Stock Exchange approved this reclassification for listing purposes, with listing and dealings of Reclassified Shares expected to suspend at 7.30 a.m. on 26 September 2025.
| Date | 25 Sept 2025 |
| Time | 07:00:01 |
| Category | Corporate updates |
| ID | 7138A |
JANUS HENDERSON FUND MANAGEMENT UK LIMITED
HENDERSON EUROPEAN TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800GS89AL1DK3IN50
24 September 2025
HENDERSON EUROPEAN TRUST PLC
(the "Company")
Updated Correction: Approval of reclassification of Shares
Please see an updated correction below to the announcement released on 24 September 2025 in relation to the Approval of reclassification of Shares. The only update to the previously published correction is that the number of Shares to be reclassified as Reclassified Shares with "A" rights, being the right to receive New FEV Shares, should appear as 219,332,790 rather than 219,322,790 as in the original correction notice. The updated announcement is appended below.
Approval of reclassification of Shares
In connection with the recommended proposals for the voluntary winding-up of the Company and combination with Fidelity European Trust PLC ("FEV") and further to the Company's announcement on 10 September 2025 regarding the results of Shareholder Elections pursuant to the Scheme, the Board announces that, in accordance with the terms of the Scheme, the reclassification of the Company's Shares has been approved by the Board. The Shares shall be reclassified as follows, effective from 8.00 a.m. tomorrow, 25 September 2025:
· 219,332,790 Shares / 70.96 per cent. of issued Shares will be reclassified as Reclassified Shares with "A" rights, being the right to receive New FEV Shares; and
· 89,775,401 Shares / 29.04 per cent. of issued Shares will be reclassified as Reclassified Shares with "B" rights, being the right to receive cash.
The FCA and the London Stock Exchange have approved the reclassification of Shares for listing purposes. The listing of, and dealings in, the Reclassified Shares are expected to be suspended at 7.30 a.m. on 26 September 2025.
Defined terms used in this announcement have the meanings given in the Company's circular to Shareholders dated 21 August 2025 (the "Circular"). The Circular is available for viewing at the National Storage Mechanism which can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at www.hendersoneuropeantrust.com .
For further information please contact:
Henderson European Trust plc
Vicky Hastings
Chair of the Board Contact via Deutsche Numis
Deutsche Numis, Sole Corporate Broker and Financial Adviser
Nathan Brown
Tel: 020 7547 0569
E: nathan.brown@db.com
Matt Goss
Tel: 020 7260 1642
E: matt.goss@db.com
Greenbrook, PR Adviser
Alan Tovey
Teresa Berezowski
Tel. 020 7952 2000
E. HendersonEuropeanTrust@greenbrookadvisory.com
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.