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Pin to quick picksRights &iss. Regulatory News (RIII)

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Rights & Issues is an Investment Trust

To exceed the benchmark index over the long term whilst managing risk by investing in equities with an emphasis on smaller companies, UK smaller companies will normally constitute at least 80% of the investment portfolio.

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Rights and Issues Investment Trust PLC: Withdrawal of Proposed Sub-Division of Ordinary Shares

24 Mar 2023 13:36

Rights and Issues Investment Trust PLC (RIII) Rights and Issues Investment Trust PLC: Withdrawal of Proposed Sub-Division of Ordinary Shares 24-March-2023 / 13:36 GMT/BST


Rights and Issues Investment Trust plc

(the "Company")

 

LEI: 2138002AWAM93Z6BP574

Withdrawal of Proposed Sub-Division of Ordinary Shares

Further to the announcement of the Company’s AGM results issued at 14:30 on 23 March 2023, the Company hereby advises that it has withdrawn the proposed sub-division of its existing ordinary shares of 25 pence each into 10 new ordinary shares of 2.5 pence each.

 

The Board was supportive of the proposed change; however, since publication of the Notice of AGM on 15 February 2023, it has decided to consult more widely with shareholders on the proposal.

 

 

Enquiries:

finnCap Limited

 

William Marle / George Dollemore – Corporate Finance 

+44 (0) 20 7220 0500

 

 

Maitland Administration Services Limited

 

cosec@maitlandgroup.com

 

 

 


Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
ISIN:GB0007392078
Category Code:MSCH
TIDM:RIII
LEI Code:2138002AWAM93Z6BP574
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:232547
EQS News ID:1592119
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

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