Amati VCT PLC Issue of Equity (1316J)
March 27 2018 - 10:48AM
UK Regulatory
TIDMATI
RNS Number : 1316J
Amati VCT PLC
27 March 2018
Amati VCT plc (the "Company")
Legal Entity Identifier: 213800JHPMJWKLKEUU24
Offer for Subscription of New Ordinary Shares (the "Offer")
Amati VCT plc announces an allotment on 26 March 2018 of 436,476
New Ordinary Shares pursuant to the Offer. In accordance with the
Terms and Conditions of the Offer, the Offer Price at which new
ordinary shares were allotted, which was calculated by reference to
the net asset value of an ordinary share on 22 March 2018 and with
the underlying securities valued at the mid-price of the closing
bid and ask prices of the London Market Maker price feed ("Adjusted
Net Asset Value"), was 103.11p per ordinary share (Adjusted Net
Asset Value divided by 0.99 to allow for issue costs of 1.0%).
Following the allotment above, the total number of Ordinary
Shares in issue is 65,426,653 with each Ordinary Share carrying one
voting right. That figure may be used by shareholders as the
denominator for the calculation to determine if they are required
to notify their interest in, or a change to their interest in, the
Company under the Disclosure and Transparency Rules.
Applications have been made for the New Ordinary Shares to be
admitted to the Official List (with a Premium Listing) and to the
London Stock Exchange for admission to trading on the Main Market.
It is expected that admission will occur and dealing will commence
in the New Ordinary Shares to be issued pursuant to the offer at
8.00 a.m. on or around 29 March 2018. CREST accounts are expected
to be credited within five business days of allotment and
definitive documents of title are expected to be dispatched within
ten business days of allotment.
Terms defined in the joint prospectus published by the Company
on 27 October 2017 have the same meanings in this announcement
unless the context requires otherwise.
For further information please contact Doreen Nic on 0131 510
7465 or email info@amatiglobal.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEPGUMCWUPRGCM
(END) Dow Jones Newswires
March 27, 2018 10:48 ET (14:48 GMT)
Amati Vct (LSE:ATI)
Historical Stock Chart
From May 2024 to Jun 2024
Amati Vct (LSE:ATI)
Historical Stock Chart
From Jun 2023 to Jun 2024