Shires Income PLC Issue of Equity (0489A)
24 May 2019 - 1:47AM
UK Regulatory
TIDMSHRS
RNS Number : 0489A
Shires Income PLC
23 May 2019
SHIRES INCOME PLC
Legal Entity Identifier (LEI): 549300HVCIHNQNZAYA89
ISSUE OF EQUITY
23 May 2019
Shires Income PLC (the "Company") announces that it has issued
75,000 Ordinary shares at a price of 273.0 pence per share.
The reason for the new shares being issued is due to an excess
of demand over supply in the market. Because of this the shares are
trading at a premium to the net asset value and the only way to
provide liquidity to satisfy market demand is through the issuing
of new shares by the Company.
The shares rank pari passu with the existing Ordinary shares and
dealings are expected to commence on 28 May 2019.
Following the transaction, the Company's share capital will
comprise 30,304,580 issued Ordinary shares.
The total number of Ordinary shares with voting rights in the
Company is 30,304,580 and this figure 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 Disclosure
Guidance and Transparency Rules.
For further information please contact:
Aberdeen Asset Management PLC
Secretaries
Tel: 0131 528 4000
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END
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