We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gcp Asset Backed Income Fund Limited | LSE:GABI | London | Ordinary Share | JE00BYXX8B08 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.40 | -0.59% | 67.60 | 67.40 | 68.00 | 68.00 | 67.40 | 68.00 | 620,102 | 16:35:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 15.18M | 7.69M | 0.0181 | 37.57 | 289.43M |
TIDMGABI TIDMGABC
RNS Number : 8231J
GCP Asset Backed Income Fund Ltd
22 August 2019
GCP Asset Backed Income Fund Limited
(the "Company" or "GCP Asset Backed")
LEI: 213800FBBZCQMP73A815
Additional Listing
22 August 2019
GCP Asset Backed, which invests in asset backed loans, has made an application for 207,288 ordinary shares of no par value each in the Company to be admitted to the premium segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange. It is expected that these new ordinary shares will be admitted to trading on 2 September 2019.
The application is being made pursuant to the scrip dividend alternative in lieu of cash for the interim dividend for the period from 1 April 2019 to 30 June 2019. Elections for a scrip dividend were received in respect of 3.3% of the ordinary shares in issue as at the record date of 2 August 2019. When issued, these ordinary shares will rank pari passu with the existing ordinary shares.
Further details of the scrip dividend alternative can be found in the Scrip Dividend Circular 2019 which was published by the Company on 24 April 2019, a copy of which is available for inspection at www.morningstar.co.uk/uk/NSM and the Company's website at www.graviscapital.com/funds/gcp-asset-backed/literature.
Following admission of the new ordinary shares, the Company's issued share capital will consist of 441,070,316 ordinary shares of no par value each and therefore, the total number of issued shares with voting rights will be 441,070,316.
The above figure of 441,070,316 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 of a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Gravis Capital Management Limited +44 (0) 20 3405 8500
David Conlon
Dion Di Miceli
Cenkos Securities plc +44 (0) 20 7397 8900
Tom Scrivens
Oliver Packard
Sapna Shah
Buchanan/Quill +44 (0)20 7466 5000
Helen Tarbet
Nick Croysdill
Henry Wilson
Notes to Editors
The Company
GCP Asset Backed is a closed ended investment company traded on the Main Market of the London Stock Exchange. Its investment objective is to generate attractive risk-adjusted returns primarily through regular, growing distributions and modest capital appreciation over the long term.
The Company seeks to meet its investment objective by making investments in a diversified portfolio of predominantly UK based asset backed loans which have contracted, predictable medium to long term cash flows and/or physical assets.
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
ALSPGUUPRUPBGAG
(END) Dow Jones Newswires
August 22, 2019 02:02 ET (06:02 GMT)
1 Year Gcp Asset Backed Income Chart |
1 Month Gcp Asset Backed Income Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions