Alpha Real Trust Limited Results of Scrip Dividend Alternative Election (4135Q)
18 October 2019 - 10:04PM
UK Regulatory
TIDMARTL
RNS Number : 4135Q
Alpha Real Trust Limited
18 October 2019
LEI: 213800BMY95CP6CYXK69
18 October 2019
ALPHA REAL TRUST LIMITED ("ALPHA REAL TRUST" OR THE
"COMPANY")
RESULTS OF SCRIP DIVIDEND ALTERNATIVE ELECTION
Scrip dividend alternative elections were received in respect of
41,623,043 shares representing a take up of 68% of the Company's
share capital as at the record date for the dividend. This will
result in the issue of 231,625 new ordinary shares (approximately
0.4% of the current issued share capital). These shares will be
issued at a price of 179.7 pence each and will rank pari passu in
all respects with the Company's existing issued ordinary
shares.
An application will be made to the London Stock Exchange for
these shares to be admitted to trading on the Specialist Fund
Segment of the London Stock Exchange's Main Market. It is expected
that admission will occur on 23 October 2019.
Following the issue of these shares, the ordinary share capital
of the Company will be 61,397,408 (including 1,940,797 Ordinary
Shares held in treasury) and the total voting rights in the Company
will be 59,456,611 with effect from 23 October 2019. The figure of
59,456,611 may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, ART
under the FCA's Disclosure and Transparency Rules.
Share certificates will be posted to certificated shareholders
who elected for scrip dividend shares and shareholders holding
shares in CREST, who elected for scrip dividend shares, will have
their CREST accounts credited directly on 23 October 2019.
For further information please contact:
Alpha Real Trust Limited
David Jeffreys, Chairman, Alpha Real Trust +44 (0) 1481 742 742
Brad Bauman, Joint Fund Manager, Alpha Real Trust +44 (0) 20 7391 4700
Panmure Gordon, Broker to the Company
Atholl Tweedie +44 (0) 20 7886 2500
Further information on the Company can be found on the Company's
website: www.alpharealtrustlimited.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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