Kings Arms Yard Issue Of Equity And Total Voting Rights And Capital
30 October 2020 - 11:26PM
UK Regulatory
TIDMKAY
KINGS ARMS YARD VCT PLC
Issue of Equity and Total Voting Rights and Capital
LEI Code 213800DK8H27QY3J5R45
Kings Arms Yard VCT PLC (the "Company") announces that, further to the
Dividend Reinvestment Scheme (details of which were set out in the
Dividend Reinvestment Scheme Terms & Conditions issued to shareholders
on 19 April 2011) the Company allotted 1,220,692 ordinary shares of 1
penny each (the "new ordinary shares") in the capital of the Company on
30 October 2020. The new ordinary shares were issued at a price of 19.79
pence per ordinary share, comprising the most recent net asset value
less the dividend of 0.51 pence per ordinary share.
Of the 1,220,692 new ordinary shares allotted on 30 October 2020, an
application has been made to the UK Listing Authority for the admission
of 494,175 new ordinary shares to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market for
listed securities and it is expected that dealings will commence on 2
November 2020. The new ordinary shares will rank pari passu in all
respects with the existing ordinary shares in issue.
A further application will be made to the UK Listing Authority for
487,603 shares to be admitted to the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market for
listed securities. It is expected that dealings will commence on 6
November 2020. The new ordinary shares will rank pari passu in all
respects with the existing ordinary shares in issue.
A further application will be made to the UK Listing Authority for the
238,914 remaining shares to be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's main
market for listed securities. It is expected that dealings will commence
on 13 November 2020. The new ordinary shares will rank pari passu in all
respects with the existing ordinary shares in issue.
Following the issue of the new ordinary shares, the capital of the
Company as at 30 October 2020 consists of 434,557,477 ordinary shares of
which 58,802,173 are in Treasury.
Therefore, the total number of voting rights in the Company is
375,755,304 which may be used by shareholders or other persons 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, the Company under the FCA's Disclosure Guidance and Transparency
Rules.
30 October 2020
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Tel: 020 7601 1850
(END) Dow Jones Newswires
October 30, 2020 08:26 ET (12:26 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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