Biotech Grw Tst PLC Issue of Equity
April 22 2021 - 10:54AM
UK Regulatory
TIDMBIOG
THE BIOTECH GROWTH TRUST PLC
22 April 2021
Allotment of Ordinary Shares
THE BIOTECH GROWTH TRUST PLC (the "Company") announces the allotment of 30,000
Ordinary shares of 25p each fully paid from its block listing authority.
These shares were issued today at a price of 1425.50 pence per Ordinary share,
which equates to a premium to the estimated ex income net asset value per
Ordinary share at the time of transaction of 1%. The ex income net asset value
per Ordinary share at the close of business on 21 April 2021 was 1407.09 pence.
Following this issue, the Company has the ability to issue a further 3,600,634
Ordinary shares its block listing facility.
Following this transaction the Company hereby notifies the market that it has
in issue 41,664,769 Ordinary shares of 25p each all with voting rights. No
shares were held in treasury at the date of announcement.
The figure of 41,664,769 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
END
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