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Pin to quick picksMerchants Trust Regulatory News (MRCH)

Share Price Information for Merchants Trust (MRCH)

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Share Price: 555.00
Bid: 554.00
Ask: 556.00
Change: 1.00 (0.18%)
Spread: 2.00 (0.361%)
Open: 557.00
High: 558.00
Low: 553.00
Prev. Close: 554.00
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Block Listing Application

8 Jun 2022 07:00

RNS Number : 0537O
Merchants Trust PLC
08 June 2022
 

8 June 2022

 

THE MERCHANTS TRUST PLC

 

Block Listing Application

 

 

 

 

Application has been made by The Merchants Trust PLC (the "Company") to the Financial Conduct Authority and the London Stock Exchange for a block listing of 22,000,000 Ordinary Shares of 25p each to be admitted to the Official List and to trading on the premium segment of the Main Market of the London Stock Exchange.

 

Shares may be issued for cash from time to time under this general block listing provided that no allotments will be made unless the price is at least at a premium to net asset value ("NAV").

 

Shares will be issued under the block listing to satisfy continuing market demand for the shares. The block listing is expected to become effective at 8:00 a.m. on 9 June 2022. Any shares will, when issued, rank pari passu with the existing shares of the Company.

 

 

Enquiries:

Kirsten Salt

Company Secretary

 

Tel: 020 3246 7513

 

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