29 Jul 2016 10:31
CITY MERCHANTS HIGH YIELD TRUST LIMITED - Issue of EquityCITY MERCHANTS HIGH YIELD TRUST LIMITED - Issue of Equity
PR Newswire
London, July 29
City Merchants High Yield Trust Limited
HEADLINE: Issue of Equity
The Board of City Merchants High Yield Trust Limited (the ‘Company’) announces that it has agreed today to issue and allot 100,000 ordinary shares of no par value in the Company at a price of 185.3p per share under its block listing facility. This allotment is to satisfy secondary market demand and is made under the annual authority granted by the Company’s shareholders for such allotments.
These shares will not qualify for the dividend payable on 22 August 2016, but rank pari passu with the existing shares in issue in all other respects.
Following this issue the total number of ordinary shares in issue is 89,261,204, which should be used as the denominator for calculating interests in the Company.
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Issued for and on behalf of City Merchants High Yield Trust Limited
Contact:
Hilary JonesR&H Fund Services (Jersey) LimitedTelephone: 01534 825323
29 July 2016