The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

The PTM levy applies to any individual transactions conducted on the London Stock Exchange (LSE) worth over £10,000.

PTM (Panel of Takeovers & Mergers) levy definition

The PTM levy applies to any individual transactions conducted on the London Stock Exchange (LSE) worth over £10,000.

When transactions like this occur, the details are sent to the UK Panel on Takeovers & Mergers for clearance, incurring a flat fee of £1 per transaction.

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