Merchants Trust PLC Issue of Equity (1624A)
24 May 2019 - 9:11PM
UK Regulatory
TIDMMRCH
RNS Number : 1624A
Merchants Trust PLC
24 May 2019
24 May 2019
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the
Company has today issued a further 200,000 new ordinary shares of
25p each from the Company's general corporate purposes block
listing facility at a price of 480.6p per share. This represents a
premium of 1.01% to the current net asset value. These shares are
issued under the waiver of pre-emption rights authorised by
shareholders at the annual general meeting and rank pari passu with
existing shares in issue.
Following this issue, the Company has the ability to issue
3,416,344 ordinary shares under its block listing facility. As a
result of this allotment, the total number of ordinary shares in
issue now stands at 109,678,464.
The above figure (109,678,464) 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, the Company under the FCA's Disclosure and
Transparency Rules.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOEUSRARKKAVUAR
(END) Dow Jones Newswires
May 24, 2019 07:11 ET (11:11 GMT)
Merchants (LSE:MRCH)
Historical Stock Chart
From Apr 2024 to May 2024
Merchants (LSE:MRCH)
Historical Stock Chart
From May 2023 to May 2024