October 4, 2018 / 1:20 PM / in 15 days

BRIEF-Alliance Trust To Sell Certain Non-Core Holdings In Private Equity Assets

Oct 4 (Reuters) - Alliance Trust PLC:

* SALE OF PRIVATE EQUITY ASSETS

* AGREES CONDITIONAL SALE OF CERTAIN NON-CORE HOLDINGS IN PRIVATE EQUITY ASSETS TO GLOBAL ASSET MANAGER PINEBRIDGE INVESTMENTS

* TOTAL PRICE PAYABLE UNDER SALE AGREEMENT FOR ALL OF ASSETS IS AT A SMALL DISCOUNT TO THEIR COMBINED NET ASSET

* ONCE SALE OF NON CORE HOLDINGS IS COMPLETED, TRUST WILL REMAIN INVESTED IN ONLY A SMALL NUMBER OF PRIVATE EQUITY HOLDINGS Source text for Eikon: Further company coverage:

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