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Pin to quick picksMerchants Trust Regulatory News (MRCH)

Share Price Information for Merchants Trust (MRCH)

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642.00    -7.00 (-1.08%)
Bid:
642.00
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644.00
Spread: 2.00 (0.312%)
Market Cap: £947.80m
MRCH Live PriceLast checked at - London Stock Exchange

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Issue of Equity

3 Jun 2019 13:52

RNS Number : 9706A
Merchants Trust PLC
03 June 2019
 

 

 

 

3 June 2019

 

The Merchants Trust PLC

 

In accordance with the policy announced on 19 March 2019, the Company has today issued 100,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at a price of 471.50p per share. This represents a premium of 1.0% to the current net asset value. These shares are issued under the waiver of pre-emption rights authorised by shareholders at the annual general meeting and rank pari passu with existing shares in issue.

 

Following this issue, the Company has the ability to issue 3,166,344 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 109,928,464.

 

The above figure (109,928,464) 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 FCA's Disclosure and Transparency Rules.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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