Chelverton Small Div Issue of Equity
May 16 2017 - 7:05AM
UK Regulatory
TIDMSDV
Chelverton Small Companies Dividend Trust PLC
Issue of Ordinary Shares and Total Voting Rights
The Directors of Chelverton Small Companies Dividend Trust PLC are pleased to
announce the issue of 150,000 ordinary shares of 25 pence each ("Ordinary
Shares") (the "New Shares") at a price of 254.5 pence per share, conditional
upon Admission.
The New Shares will rank pari passu in all respects with the Company's existing
Ordinary Shares.
Application has been made for the New Shares and to be admitted to the premium
listing segment of the Official List and to trading on the Main Market of the
London Stock Exchange ("Admission"). Admission is expected to commence at
8.00am on 19 May 2017.
Following Admission, the total number of Ordinary Shares in issue will be
17,200,000.
The additional funds raised will be invested in accordance with the Company's
investment policy.
The above figure of 17,200,000 Ordinary Shares 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 Guidance and Transparency Rules.
Enquiries:
Chelverton Small Companies Dividend Trust PLC
William van Heesewijk
Chelverton Asset Management Investment Limited
Tel: 020 7222 8989
N+1 Singer (Financial Adviser and Broker)
Gillian Martin / James Hopton
020 7496 3000
END
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