THE BIOTECH GROWTH
TRUST PLC
4 December 2020
Allotment of
Ordinary Shares
THE BIOTECH GROWTH TRUST PLC (the “Company”) announces the
allotment of 25,000 Ordinary shares of 25p each fully paid from its
block listing authority.
These shares were issued today at a price of 1508.00 pence per Ordinary share, which equates
to a premium to the estimated cum income net asset value per
Ordinary share at the time of transaction of 1.4% The cum
income net asset value per Ordinary share at the close of business
on 3 December 2020 was 1496.57 pence.
Following this issue, the Company has the ability to issue a
further 4,820,634 Ordinary shares its block listing facility.
Following this transaction the Company hereby notifies the
market that it has in issue 40,444,769 Ordinary shares of 25p each
all with voting rights. No shares were held in treasury at
the date of announcement.
The figure of 40,444,769 may be used by shareholders as the
denominator for the calculation by which they may determine if they
are required to notify their interest in, or change to their
interest in, the Company under the FCA’s Disclosure Guidance and
Transparency Rules.
Enquiries:
Mark
Pope
Frostrow Capital
LLP
Tel: 020 3 008 4913