TR European Growth Trust PLC Additional Listing (6555Q)
13 September 2017 - 10:02PM
UK Regulatory
TIDMTRG
RNS Number : 6555Q
TR European Growth Trust PLC
13 September 2017
HENDERSON INVESTMENT FUNDS LIMITED
TR EUROPEAN GROWTH TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800N1B1HCQG2W4V90
13 September 2017
TR European Growth Trust PLC
Additional Listing
TR European Growth Trust PLC (the "Company") has made an
application to the UK Listing Authority for a blocklisting of
1,000,000 ordinary shares of 12.5p each in the Company (the
"Shares") to be admitted to the premium segment of the Official
List and to trading on the Main Market of the London Stock
Exchange.
The Company has seen strong demand for its Shares over the last
12 months which has been reflected in the Shares rerating to a
premium to net asset value. The Company therefore intends to pursue
an issuance programme through its corporate broker, Winterflood
Securities Limited, with a view to managing the Company's premium
to net asset value. Any Shares issued under the issuance programme
will only be issued at a premium to net asset value (net of costs)
and will be accretive to existing shareholders.
The Shares issued under the blocklisting will be issued pursuant
to the Company's issuance programme to meet excess market demand
for the Shares. The net proceeds from the issue of new Shares will
be invested in accordance with the Company's investment policy.
The blocklisting is expected to become effective at 8:00 a.m. on
14 September 2017.
For further details please contact:
Ollie Beckett
Fund Manager
TR European Growth Trust PLC
Telephone: 020 7818 4331
Joe Winkley / Neil Langford
Winterflood Investment Trusts
Telephone: 020 3100 0000
This information is provided by RNS
The company news service from the London Stock Exchange
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