Share Issue/Capital Change • Mar 10, 2020
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
RNS Number : 6421F
Merchants Trust PLC
10 March 2020
LEI: 5299008VJFXCUD2EG312
10 March 2020
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the Company has today issued 200,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at a price of 434.5p per share. This represents a premium of 4% 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 21,666,344 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 113,428,464.
The above figure (113,428,464) 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 [email protected] or visit www.rns.com.
END
ALSFLFFSVFIILII
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.