The proposal comes off the back of strong demand for the product, which has seen its net asset value jump from 97.07p to 126.9p, an increase of some 23.6 per cent.
As with the original launch last year, the c shares will be issued at 100p with warrants issued on a one-for-five basis together with ordinary shares at launch.
Based on the middle market prices of the Company’s ordinary shares and warrants on the London Stock Exchange at close of business on 1 June 2007, the see-through value would have jumped from 100p to 138.1p.
The green investment trust is a London-listed investment trust that looks to achieve long-term capital growth for shareholders by investing globally in a number of companies that have significant focus on environmental solutions.
Charlie Thomas is the portfolios lead manager, with Matt Patsky of the environmentally friendly small-cap company Winslow running the US component of the fund.
According to the latest factsheet, the trust has 44 per cent of its weighting in the UK, with 26 per cent in the US and 15 per cent Europe.