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Wright Reports > Company Profile Report > F > Finsbury Worldwide Pharmaceutical Trust PLC

Finsbury Worldwide Pharmaceutical Trust PLC - Company Profile Snapshot

Company Profile: Finsbury Worldwide Pharmaceutical Trust PLC
Ticker: FWP
Exchanges: LON
2009 Sales: 4,018,000
Major Industry: Financial
Sub Industry: Investment Companies
Country: UNITED KINGDOM
Employees:

Business Description
Finsbury Worldwide Pharmaceutical Trust PLC. The Company's principal activity is that of an Investment Trust. The objective of the Company is to achieve a high level of capital growth. The Company is an Investment Company within the meaning of Section 833 of the Companies Act 2006. The Company has been approved by the HM Revenue and Customs as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 31-Mar-2007.Investment management services are provided by Frostow Capital LLP for a fee calculated at 0.30% per annum of the Company's market capitalization in excess of 150m, plus fixed amount equal to 50,000 per annum. The agreement is terminable by either party giving notice of not less than 12 months.

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