The board of Trian Investors 1 has outlined plans for the shareholders distribution from its holding in heating products firm Ferguson.
Following a long saga with shareholders, which saw chair Chris Sherwell ousted last summer over disagreements with management's governance, the board decided to shutter the trust last September. Earlier this year, the board said it had distributed the Ferguson (FERG) shares to partners in the company with an in specie distribution for shareholders to follow. Today (19 January), the board announced its shareholders will receive 0.0151215566 ordinary shares in Ferguson for every one share in Trian Investors 1 as of the register on 27 January. Nick Train: Fever-Tree was my 'biggest em...
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