Blues,
Nothing special in what they have said, just reaffirms the terms and conditions.
And as per previous discussions, conversion , redemption etc, only happens at the discretion of the ppx board.
Not sure how anyone expected anything different, not even sure what people expected to get out of the meeting.
Was , and always will be, nothing to do with the trust until either a takeover, or scheme, or administration.
cheers
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