The Board is pleased to announce that the Company has changed its name to JPMorgan European Discovery Trust plc (LON:JEDT) in order to better reflect the Company’s investment strategy and its portfolio. Some of the portfolio companies have market capitalisations of up to EUR8bn; as such, the Board believes that the Company’s name did not accurately describe the portfolio holdings or the investment opportunities available to the Investment Managers. The Board undertook a rigorous process, including market research conducted by third party consultants and discussions with the major shareholders and the wider investor base.
The change of name took place on 15th June 2021. The London Stock Exchange stock ticker symbol (TIDM) will also change from JESC to JEDT with effect from 8.00 a.m. on 17th June 2021. The Company’s ISIN, SEDOL and LEI remain unchanged.
The Company’s website address will shortly be renamed www.jpmeuropeandiscovery.co.uk
