The Independent Investment Trust PLC
IIT.L
London Stock Exchange- -
GBp
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Maxwell Colin Bernard Ward
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 17 Dublin Street Edinburgh United Kingdom EH1 3PG
- IPO Date
- Oct 18, 2000
- Similar Companies
- Business
- The Independent Investment Trust PLC (IIT.L) operates as a United Kingdom-based, self-managed closed-end investment trust focused on delivering absolute returns over long periods. The company invests the great majority of its assets in UK and international quoted securities, as well as index futures when appropriate, with a concentrated portfolio constructed without reference to any stock market index; it targets sectors including technology, housebuilding, travel and leisure, and business services, deriving revenue primarily from UK dividends and overseas investment income. Incorporated on 30 August 2000 and historically headquartered at 17 Dublin Street in Edinburgh, the trust conducts operations across global equity markets. In November 2022, the company entered liquidation, marking a significant operational wind-down; this followed resolutions passed on 17 and 21 November 2022, the termination of all directors—including Maxwell Colin Bernard Ward, Douglas Christopher Patrick Mcdougall, Robert John Laing, and James Gordon Dickson Ferguson—and secretary Baillie Gifford & Co on 9 November 2022, and a change in registered office to c/o FRP Advisory Trading Limited in Aberdeen. Prior to liquidation, the trust engaged in share buybacks and cancellations throughout 2022, including multiple purchases of its own shares in February through May and corresponding capital reductions. The most recent accounts, filed for the year ended 30 November 2021, were submitted in April 2022, with subsequent filings overdue as of the liquidation process. No active subsidiaries, recent partnerships, acquisitions, funding rounds, or new product launches are reported post-2021, aligning with the trust's cessation of operations.