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MIGO Migo Opportunities Trust Plc

343.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Migo Opportunities Trust Plc LSE:MIGO London Ordinary Share GB0034365949 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 343.00 342.00 344.00 343.00 343.00 343.00 37,621 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt -7.39M -8.59M -0.3723 -9.21 79.14M

Miton Global Opportunites Plc - Block Listing Application

20/07/2017 11:21am

PR Newswire (US)


Migo Opportunities (LSE:MIGO)
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20 July 2017

MITON GLOBAL OPPORTUNITIES PLC

LEI: 21380075RRMI7D4NQS20

Block listing application

The Board of Miton Global Opportunities plc (the “Company”) announces that the Company has made an application to the UK Listing Authority for a block listing of 2,527,998 ordinary shares of 1p each ("Shares") to be admitted to the Official List and to the London Stock Exchange for the Shares to be admitted to trading on the premium segment of the Main Market.

The Company has an existing shareholder authority to issue up to 10 per cent. of the Company’s issued share capital on a non-pre-emptive basis which was obtained at the AGM in September 2016. The Board has determined that this authority may be utilised to satisfy market demand by issuing new Shares at a small premium to NAV. This policy is intended to ensure that the level of premium at which the Shares trade does not reach excessive levels. In addition, growing the total assets under management through Share issuance would reduce the ongoing costs per Share and potentially enhance the secondary market liquidity of the Shares.

The block listing is expected to become effective at 8 a.m. on Friday, 21 July 2017. Any issue of new Shares will be notified by the Company through a RIS announcement and the Company's website.

Enquiries:

Miton Trust Managers Limited Tel: 020 3714 1474   
Alternative Investment Fund Manager
David Barron
Numis Securities Limited
Corporate Stockbroker
Nathan Brown
Tel: 020 7260 1426
Frostrow Capital LLP
Company Secretary
Katherine Manson
Tel: 020 3709 8734

Copyright y 20 PR Newswire

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