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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Loudwater | LSE:LWT | London | Ordinary Share | GG00B1LT5C96 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.55 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLWT
RNS Number : 2602N
Loudwater Trust Limited
04 September 2013
4 September 2013
LOUDWATER TRUST LIMITED
("LOUDWATER" OR "THE COMPANY")
RETURN OF CAPITAL - B SHARE ISSUE
Loudwater Trust Limited, the closed-ended investment company, is pleased to announce that following the previous announcement on 4 September 2013, the Board of Directors has approved a return of approximately GBP11.1m of capital to shareholders, equating to 18.4 pence per share.
The capital will be returned by way of a bonus issue of B shares to shareholders pro rata to shareholders' existing holdings of ordinary shares in the capital of the Company. The B shares will be issued to shareholders on the Company's register on the record date of 13 September 2013 and will have an ex-date of 11 September 2013.
Following their issue, the Directors are expected to consider the redemption of the issued B shares on or around 1 October. A subsequent announcement will then be released confirming the decision of the Board.
-ends-
For further information
Loudwater Investment Partners Limited Edward Forwood +44 (0)20 3372 6400 Panmure Gordon (UK) Limited Andrew Potts +44 (0)20 7459 3600
Note
http://www.loudwatertrust.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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