Alpha Real Trust Limited Results of Scrip Dividend Alternative Election (8999Z)
17 January 2024 - 6:00PM
UK Regulatory
TIDMARTL
RNS Number : 8999Z
Alpha Real Trust Limited
17 January 2024
LEI: 213800BMY95CP6CYXK69
17 January 2024
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
53,929,183 shares representing a take up of 81% of the Company's
share capital as at the record date for the dividend. This will
result in the issue of 468,949 new ordinary shares (approximately
0.7% of the current issued share capital). These shares will be
issued at a price of 115 pence each and will rank pari passu in all
respects with the Company's existing issued ordinary shares.
An application has been 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 24 January 2024.
Following the issue of these shares, the ordinary share capital
of the Company will be 67,098,721 (including 7,717,581 Ordinary
Shares held in treasury) and the total voting rights in the Company
will be 59,381,140 with effect from 24 January 2024. The figure of
59,381,140 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 24 January 2024.
For further information please contact:
Alpha Real Trust Limited
William Simpson, 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 .
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END
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