Pacific Assets Tst Issue of Equity
25 May 2017 - 1:43AM
UK Regulatory
TIDMPAC
Pacific Assets Trust plc
Legal Entity Identifier 2138008U8QPGAESFYA48
Allotment of Ordinary Shares
On 24 May 2017 Pacific Assets Trust plc (the "Company") allotted from its block
listing authority of 5 August 2015 150,000 new Ordinary shares of 12.5p each at
a price of 256.25 pence per share; these shares rank pari passu with the
existing Ordinary shares in issue. The issue price equates to a premium to the
cum income net asset value per share at the time of the transaction of 1.23%.
Following this issue, the Company has the ability to issue a further 9,109,838
ordinary shares under its block listing facility.
As a result of this allotment, the total number of ordinary shares in issue now
stands at 119,698,386 and the total number of voting rights in the Company is
119,698,386. There are no shares held in treasury.
The above figure of 119,698,386 may be used by shareholders as the denominator
for the calculation by which they may determine if they are required to notify
their interest in, or change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Enquiries:
Mark Pope
Frostrow Capital LLP
Tel: 0203 008 4913
END
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