6 Jan 2016 07:00
ACORN INCOME FUND LD - Issue of EquityACORN INCOME FUND LD - Issue of Equity
PR Newswire
London, January 5
ACORN INCOME FUND LIMITED (THE 'COMPANY')
ISSUE OF SHARES
6 January 2016
The Board of Acorn Income Fund Limited (the "Company") announces that on 5 January 2016 it issued for cash, from the current shares held in Treasury, ordinary shares of 1p each in the capital of the Company (the "Ordinary Shares") and also redeemable zero dividend preference shares of 1p each in the capital of the Company (the "ZDP Shares") as follows:
75,000 Ordinary Shares at £4.015 per share; and
100,674 ZDP Shares at £1.3175 per share.
As a result of the issue of shares set out above, the Company's issued share capital will remain as:
17,186,664 Ordinary Shares
23,069,931 ZDP Shares
Of which the following are held in Treasury:
1,325,972 Ordinary Shares; and
1,779,873 ZDP Shares.
The ZDP Shares do not have the right to attend or vote at any general meeting of the Company unless the business of the meeting includes any resolution to vary, modify or abrogate any of the special rights attached to the ZDP Shares. Accordingly, the total number of voting rights in the Company is 15,860,692
For further information about this announcement, please contact:
Numis +44 207 260 1425Nathan Brown
Northern Trust International Fund AdministrationServices (Guernsey) Limited +44 1481 745 498Cara De La Mare