Atlantis Japan Growth merge with Nippon Active Value Fund plc

AJG is a Guernsey-based investment firm focused on long-term capital growth from listed Japanese equities of varying market caps. NAVF is a UK-based investment company which aims to target attractive levels of capital growth from investing in small and mid-capitalisation Japanese companies.

AJG's assets have rolled over into NAVF in exchange for the issue of new NAVF shares to AJG's shareholders, or an option of a cash exit for up to 25% of AJG's issued share capital. The merger will result in a larger company with more shareholders, which is expected to improve the liquidity of shares.