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GRIT Grit Investment Trust Plc

1.25
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Grit Investment Trust Plc LSE:GRIT London Ordinary Share GB00BL594W83 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Svcs Allied W/exchanges, Nec 96k -155k -0.0031 -4.03 629.47k

GRIT Investment Trust PLC Conversion of Loan Notes and TVR (6660V)

06/04/2023 12:52pm

UK Regulatory


Grit Investment (LSE:GRIT)
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TIDMGRIT

RNS Number : 6660V

GRIT Investment Trust PLC

06 April 2023

GRIT INVESTMENT TRUST PLC

("GRIT" or the "Company")

Conversion of Loan Notes

GRIT has received conversion notices from noteholders converting GBP75,035.95 convertible loan notes, issued in July 2021, at a price of 2.5 pence ("CLNs"), into 3,001,438 Ordinary Shares ("CLN Shares").

An application will be made for the 3,001,438 CLN Shares to be admitted to the Official List of the UK Listing Authority by way of a Premium Listing ("Admission") and it is expected that Admission will become effective and that dealing in the CLN Shares will commence on or around 8am on 13 April 2023. The CLN Shares will rank pari passu with the existing ordinary shares of the Company.

Following Admission, the Company will have 18,198,295 ordinary shares of 0.025p each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 18,198,295.

The above figure of 18,198,295 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The Directors of the Company accept responsibility for the contents of this announcement.

-ENDS-

For further information, please contact:

 
 GRIT Investment Trust Plc 
  Martin Lampshire 
  Tel: +44 (0) 20 3198 2554 
---------------------------- 
 Peterhouse Capital Limited 
  Lucy Williams/Duncan Vasey 
  Tel: +44 (0)20 7469 0930 
---------------------------- 
 

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.

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END

CONSSSFFMEDSEIL

(END) Dow Jones Newswires

April 06, 2023 07:52 ET (11:52 GMT)

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