9 Jan 2019 14:34
City Merchants High Yield Trust Ltd - Block Listing ApplicationCity Merchants High Yield Trust Ltd - Block Listing Application
PR Newswire
London, January 9
City Merchants High Yield Trust Limited (the “Company”)
Block Listing Application
Application has been made to the UK Listing Authority for a block listing, for general business purposes, of 5,280,000 ordinary shares of no par value, to be admitted to the Official List of the UKLA and to the London Stock Exchange for the shares to be admitted to trading on its main market. The purpose of the block listing is to satisfy regular and on-going market demand and to manage the premium at which the shares trade. The block listing is expected to become effective at 8:00 a.m. on 10 January 2019.
The shares may be issued from time to time for cash subject to guidelines laid down by the Board and in accordance with the Company’s Articles of Association provided that such issues are made at prices above the prevailing net asset value per share. Any shares will, when issued, rank pari passu with the existing ordinary shares of the Company.
Contact:
Hilary Jones
R&H Fund Services (Jersey) Limited
Telephone: 01534 825323
9 January 2019