Merchants Trust PLC Block Listing - Allotment of New Shares (0366U)
November 20 2023 - 11:33AM
UK Regulatory
TIDMMRCH
RNS Number : 0366U
Merchants Trust PLC
20 November 2023
LEI: 5299008VJFXCUD2EG312
20 November 2023
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the
Company has today issued 50,000 new ordinary shares of 25p each
from the Company's general corporate purposes block listing
facility at a price of 527.44p per share. This represents a premium
of 1% to the current net asset value. The shares are issued under
the waiver of pre-emption rights authorised by shareholders at the
general meeting and rank pari passu with existing shares in
issue.
Following this issue, the Company has the ability to issue
9,344,921 ordinary shares under its block listing facility. As a
result of this allotment, the total number of ordinary shares in
issue now stands at 147,749,887.
Shareholders may use the figure 148,927,887 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
Kirsten Salt
Company Secretary
Tel: 0203 246 7513
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