Syncona Regulatory News (SYNC)

BACIT LIMITED - New Shares Issue

PR Newswire

London, August 18

18 August 2015

BACIT Limited (the "Company")(a closed-ended collective investment company incorporated under the laws of Guernsey with registered number 55514)

Issue of shares pursuant to the 2015 dividend

The Board of BACIT Limited (the "Company") today announces the issue in aggregate of 1,798,031 new ordinary shares in satisfaction of the payment of the Company’s 2015 dividend to those qualifying shareholders who did not elect to receive the dividend in cash.

The new ordinary shares rank pari passu with the existing issued ordinary shares of the Company.

Application has been made to the Financial Conduct Authority for the shares to be admitted to the Official List, and to the London Stock Exchange for the shares to be admitted to trading and dealings commenced in the new ordinary shares on 19 August 2015.

Pursuant to DTR 5.6.1A the Company announces that, following the issue of new ordinary shares as described above, the total number of ordinary shares in issue now stands at 384,665,158 and the total number of voting rights in the Company is 384,665,158 ordinary shares.

The Company does not hold any ordinary shares in treasury.

The above figure 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.

Enquiries:Company website: http://www.bacitltd.com/Northern Trust International Fund Administration Services (Guernsey) LimitedRebecca Booth+44 (0) 1481 745189