The Company is a UK investment trust with a fixed life that is expected to expire in early 2025. At launch on 15 June 2010 89,000,000 ordinary shares and 17,800,000 subscription shares were admitted to listing on the London Stock Exchange. The ordinary shares were issued at 100p per share. The subscription shares were issued on the basis of 1 subscription share for every 5 ordinary shares subscribed.
The subscription shares expired on 31 January 2014 having been converted in to ordinary shares.
On 20 June 2017 the Company adopted a new capital growth investment policy, changed its name, and issued 32,128,437 zero dividend preference shares via its subsidiary PCGH ZDP Plc.