RNS / Issue of Equity10 Apr 2013 19:53
Middlefield Canadian Income PCC : Issue of Equity__10 April 2013
Middlefield Canadian Income GBP PC - a cell of Middlefield Canadian Income PCC__
Sale of Redeemable Participating Preference Shares out of Treasury__
Middlefield Canadian Income PCC (the "Company") announces that it has today sold for cash 1,000,000.00 redeemable participating preference shares each of no par value in Middlefield Canadian Income - GBP PC (the "Fund"), a cell of the Company. The shares were sold out of treasury at a price per share (before expenses) of 109.50 pence.
The net proceeds will be used in further pursuing the investment objectives of the Company.
Voting Rights and Capital
Following this transaction, the Fund's total issued share capital is expected to consist of 124,682,250 redeemable participating preference shares, of which 16,650,000 shares are held in treasury. Accordingly, the number of shares with voting rights in issue is 108,032,250. 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 FSA's Disclosure and Transparency Rules.