ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

AJOT Avi Japan Opportunity Trust Plc

129.50
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avi Japan Opportunity Trust Plc LSE:AJOT London Ordinary Share GB00BD6H5D36 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% 129.50 129.50 130.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 29.23M 24.74M 0.1757 7.40 183.09M

AVI Japan Opportunity Trust PLC Potential Equity Fundraise (4107W)

17/04/2019 7:00am

UK Regulatory


Avi Japan Opportunity (LSE:AJOT)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Avi Japan Opportunity Charts.

TIDMAJOT

RNS Number : 4107W

AVI Japan Opportunity Trust PLC

17 April 2019

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT OR ANY COPY OF IT.

AVI Japan Opportunity Trust PLC (the "Company")

Potential Equity Fundraise

On 19 February 2019, the Company announced in its February Investor Update that 98% of the net proceeds from its October 2018 IPO had been deployed, and on 5 April 2019 the Company announced that it had entered into a 364 day, 1.465 billion Yen (approximately GBP10.035 million as at 4 April 2019) unsecured revolving credit facility ("RCF"). Since then, the Company has invested approximately GBP7 million of its RCF.

Since the Company's launch, there have been a number of positive corporate governance developments in Japan. The Investment Manager's conviction that there is a significant amount of unlocked value in quality, over-capitalised Japanese companies has only strengthened and it continues to identify a pipeline of attractive opportunities in line with the Company's investment strategy.

Accordingly, the Company announces that it is considering raising additional capital through an issue of shares under its Share Issuance Programme. Any fundraise will be subject to market conditions and further details will be announced in due course.

Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Company's prospectus dated 6 September 2018.

For further information please contact:

Joe Bauernfreund, Asset Value Investors

Tel: 020 7659 4800

LEI: 894500IJ5QQD7FPT3J73

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCBRGDSRBBBGCL

(END) Dow Jones Newswires

April 17, 2019 02:00 ET (06:00 GMT)

1 Year Avi Japan Opportunity Chart

1 Year Avi Japan Opportunity Chart

1 Month Avi Japan Opportunity Chart

1 Month Avi Japan Opportunity Chart

Your Recent History

Delayed Upgrade Clock