The Trustees would like to thank all of the qualifying customers who sent in submissions in relation to the 2024 Capital Distribution Review.
This was the first time that the Trust was able to email those qualifying customers where email addresses were held. The majority of responses, in term, were received by email.
Almost 400 submissions were received – of which approximately 80% supported the Trustees’ initial decision to retain the distributable capital of the Trust.
A public meeting was held on the 3rd of September where qualifying customers were welcome to attend and speak to the trustees. The trustees thank those who attended and spoke to them. All the written submissions were also considered by the trustees.
At the public meeting held on the 17th of September the Trustees resolved to uphold their initial decision to retain the Trust capital.
