⌘K
t
Herald Investment Trust PLC (HRI) announced on 20 November 2025 the release of an annual overview from QuotedData, dated 17 November 2025. The overview reported that HRI shareholders rejected Saba Capital's proposals in January, Saba Capital remains a shareholder, HRI's portfolio gained from Artificial Intelligence exposure, HRI is increasing international investments, and North America is now its largest regional holding.
Herald Investment Trust - Annual Overview from QuotedData
17 November 2025
Focused on the future
In January, we explained why Saba Capital's proposals were not in the best interest of Herald Investment Trust (HRI) shareholders and urged a vote against them. Most investors agreed, resulting in a clear rejection of Saba's proposals.
Although Saba remains a shareholder and brings some uncertainty, HRI continues to benefit from its closed-ended structure, allowing long-term investment in early-stage technology companies. The portfolio has gained from its exposure to Artificial Intelligence (AI), and the managers see further potential as this trend expands to more innovative smaller firms.
HRI is also increasing its international investments, with North America now its largest regional holding. This shift reflects tougher conditions in the UK and more attractive opportunities abroad.
Full Research:
https://quoteddata.com/research/herald-investment-trust-focused-on-the-future-qd/
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.
NB: Marten & Co was paid to produce this note Herald Investment Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.
QUOTEDDATA
50 Gresham Street | London EC2V 7AY
Tel: +44 (0) 20 3691 9430
www.quoteddata.com | [email protected] | www.martenandco.com