CT UK High Income Trust PLC aims to provide shareholders with an attractive level of income together with the opportunity for capital growth. The Trust invests predominantly in UK equities and equity-related securities of companies across the market capitalisation spectrum. The trust has two classes of share Ordinary shares and B shares which pay the same level of quarterly cash distributions. The cash distributions on the Ordinary shares are paid as dividends while those on the B shares are paid by way of capital distributions and therefore taxed under capital gains tax CGT rules which can provide tax benefits to certain types of investors. The net asset value attributable to each class of shares is the same. The shares may also be traded as units. Each unit consists of three Ordinary shares and one B share.