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MRCH Merchants Trust Plc

550.00
5.00 (0.92%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Merchants Trust Plc LSE:MRCH London Ordinary Share GB0005800072 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.00 0.92% 550.00 549.00 550.00 553.00 547.00 548.00 204,493 16:27:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -19.53M -30.25M -0.2032 -27.07 818.83M

Merchants Trust PLC Issue of Equity (1624A)

24/05/2019 12:11pm

UK Regulatory


Merchants (LSE:MRCH)
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RNS Number : 1624A

Merchants Trust PLC

24 May 2019

24 May 2019

The Merchants Trust PLC

In accordance with the policy announced on 19 March 2019, the Company has today issued a further 200,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at a price of 480.6p per share. This represents a premium of 1.01% to the current net asset value. These shares are issued under the waiver of pre-emption rights authorised by shareholders at the annual general meeting and rank pari passu with existing shares in issue.

Following this issue, the Company has the ability to issue 3,416,344 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 109,678,464.

The above figure (109,678,464) 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 a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

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

IOEUSRARKKAVUAR

(END) Dow Jones Newswires

May 24, 2019 07:11 ET (11:11 GMT)

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