Trading in shares in the Woodford Equity Income Fund has been suspended, with immediate effect and until further notice.
Following an increased level of redemptions, this period of suspension is intended to protect the investors in the fund. You will not be able to buy or sell units in the Fund until the suspension is lifted, this includes regular trading by Direct Debit, dividend reinvestment and model portfolio rebalance.
Link Fund Solutions Limited (“LFS”) as the Authorised Corporate Director of the Fund, will review the suspension in 28 days and will report to the regulator whether the trading suspension should be lifted or renewed.
Trading in the LF Woodford Income Focus Fund, Woodford Patient Capital Trust is unaffected by this suspension.
We will provide you with more information as and when it becomes available.
Alliance Trust Savings Limited is a subsidiary of Alliance Trust PLC and is registered in Scotland No. SC 98767, registered office, PO Box 164, 8 West Marketgait, Dundee DD1 9YP; is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 116115. Alliance Trust Savings gives no financial or investment advice.