The company closed its plan on January 20, 2017. A total of 7,571,053 shares were validly tendered under the offer. On January 25, 2017, the company announced the offer price per share to be 784.18 pence per share, being 97.5% of the net asset value as of the calculation date. On January 27, 2917, the company announced that it has accepted for repurchase 1,585,858 shares, representing approximately 10% of the issued share capital excluding any shares held in treasury. Repurchased shares will be cancelled. J.P. Morgan Cazenove acted as the broker to the company.