European Event-Driven Analyst

Jesus Rodriguez Aguilar

Jesús is an Insight Provider (Event-driven) on the Smartkarma network, where he looks across sectors at opportunities arising from securities mispricing (both credit and equity), share classes, bid announcements, prospective bids, and special situations. He has served as Economic and Business Advisor at the Spanish Congress in Madrid. Prior to that, he has worked in the City of London: as a Credit Analyst at Bloomberg; Event-driven associate at former boutique European Research; and doubled as Special Situations and Equity-linked VP (convertible bonds) at Merrill Lynch. Jesús has an MBA from the London Business School, a BA (Hons.) degree in Economics from the Complutense University in Madrid, and a BA (Hons.) in Law from U.N.E.D., also in Madrid.

Liquid Universe of European Ordinary and Preferred Shares: May '22 Report

Liquid Universe of European Ordinary and Preferred Shares: June ‘22 Report

Liquid Universe of European Ordinary and Preferred Shares: July ‘22 Report

Liquid Universe of European Ordinary and Preferred Shares: March '22 Report

Liquid Universe of European Ordinary and Preferred Shares: February ‘22 Report

Liquid Universe of European Ordinary and Preferred Shares: January '22 Report

Event-Driven

<ul>
<li>Schroders has announced the conversion of non-voting shares into voting shares. Holders of voting shares will receive a bonus issue of three additional ordinary shares for every 17 ordinary shares held.</li>
<li>Lo and behold, upon announcement and assuming the bonus shares, the value of the holdings of the Schroders family rose by £504 million to £3,933 million, a cool 15% increase.</li>
<li>The conversion is highly likely to proceed. The adjusted gross spread is 2%. Recommendation is long non-voting/short voting shares.</li>
</ul>


Schroders has announced the conversion of non-voting shares into voting shares. Holders of voting shares will receive a bonus issue of three additional ordinary shares for every 17 ordinary shares held.
Lo and behold, upon announcement and assuming the bonus shares, the value of the holdings of the Schroders family rose by £504 million to £3,933 million, a cool 15% increase.
The conversion is highly likely to proceed. The adjusted gross spread is 2%. Recommendation is long non-voting/short voting shares.


Schroders PLC

Schroders: Dual Share Class Unification