Standard Life Aberdeen co chief executive Martin Gilbert
THE Global Sustainability Trust managed by Standard Life Aberdeen has set out to raise £200 million as it aims to harness the wealth of the private sector to meet social goals such as ending poverty. The trust has launched an initial public offering in which it is targeting an issue of 200 million ordinary shares at a price of 100p each. It aims to deliver attractive financial returns while achieving measurable positive environmental and social impacts. The deadline for the receipt of application forms is 1pm on December 11. The results of the initial issue will be announced on December 13. Dealing in the shares on the main market of the London Stock Exchange will commence on December 17.
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