RNS Number : 7932Z
Merchants Trust PLC
08 August 2024
 

LEI: 5299008VJFXCUD2EG312

 

 

8 August 2024

 

The Merchants Trust PLC

 

In accordance with the policy announced on 19 March 2019, the Company has today issued 75,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at a price of 575.30p per share. This represents a premium of 1% to the current net asset value. The shares are issued under the waiver of pre-emption rights authorised by shareholders at the general meeting and rank pari passu with existing shares in issue.

 

Following this issue, the Company has the ability to issue 8,694,921 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 148,399,887.

 

Shareholders may use the figure 149,577,887 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.

 

 

Enquiries

Kelly Nice

Company Secretary

Tel: 0203 246 7475

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEEVLFBZVLXBBF
Merchants (LSE:MRCH)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Merchants Charts.
Merchants (LSE:MRCH)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Merchants Charts.