Harbinson Charitable Trust

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The Trustees, as part of the deed are empowered to retain the whole or part of the residue of their means and estate for such time as they think fit or permanently and to the apply the whole or such part of the income of said retained portion for such charitable purposes, as the Trustees in their absolute discretion may decide. The Trust was set up by the late Miss Harbinson with a donation of 1,000 Macallan Glenlivet Plc, Ordinary Shares of 25p. On her death, the late Miss Harbinson bequeathed a further 93,000 shares of 25p. In accordance with the Trust purposes the Trustees have resolved to retain the capital permanently and to apply only the income for the foregoing charitable purposes.

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