Peterhouse Capital Limited entered into an agreement to acquire 29.93% stake in Global Resources Investment Trust Plc (LSE:GRIT) from Peter Yunghanns on December 21, 2020. Under the terms, Peter Yunghanns agree to sell 12,561,896 ordinary shares in Global Resources Investment Trust. As part of the completion process, Peterhouse Capital intends to place all or a material proportion of the shares with third party clients. The contract for sale is conditional upon and will take effect from the lifting of the suspension of trading in the Global Resources Investment Trust's shares. If this has not been achieved by March 1, 2021 the vendor has the right to terminate the contract for sale. Roland Cornish and Felicity Geidt of Beaumont Cornish Limited and Lucy Williams, Duncan Vasey and Heena Karani of Peterhouse Capital Limited acted as financial advisors to Global Resources Investment Trust Plc.