Miton Global Opp Plc Realisation Opportunity - Result of Election
September 24 2021 - 1:00AM
UK Regulatory
TIDMMIGO
MITON GLOBAL OPPORTUNITIES PLC
Realisation Opportunity for Shareholders - Result of Election
24 September 2021
Further to the Circular to Shareholders dated 11 August 2021 (the "Circular")
in respect of the 2021 Realisation Opportunity, Miton Global Opportunities plc
(the "Company") announces that it had received the following levels of election
by 1.00 pm on 23 September 2021:
Maximum number of ordinary 26,879,985
shares available to elect:
Total elections received: 149,729
Percentage taken up: 0.55%
Election applications received: 19
The net asset value per ordinary share as at the close of business on 22
September 2021, the Realisation NAV Calculation Date, was 377.82 pence (cum
income).
The Realisation Price for the Elected Shares is therefore 370.26 pence per
ordinary share, a 2% discount to the NAV.
As set out in the Circular, Numis will use its reasonable endeavours to place
as many of the Elected Shares into the secondary market as it is able to do so.
To the extent that any Elected Shares cannot be placed in the market, Numis
will, acting as principal, purchase unplaced Elected Shares to be bought back
by the Company at the Realisation Price. Electing Shareholders are expected to
receive cheque/CREST payment on or around 29 September 2021 in respect of the
Elected Shares at the Realisation Price.
A Realisation Share class will not be created by the Company.
Capitalised terms in this announcement, unless otherwise defined, have the same
meanings given to them in the Circular.
Expected Ongoing Timetable
2021
Cheque payments expected to be on or around 29
despatched and CREST payments September
expected to be made in respect of
Elected Shares which have been placed
or purchased and bought back
Annual General Meeting 6 October
Balance share certificates despatched in the week
by post commencing 18
October
All times and dates in the expected ongoing timetable may be adjusted by the
Company, in which event details of the new times and dates will be announced
through a Regulatory Information Service as promptly as practicable.
Enquiries
Premier Miton Group: +44 (0) 14 8340 0463
Claire Long
Numis: +44 (0) 20 7260 1000
Nathan Brown/ Matt Goss
Frostrow Capital: +44 (0) 20 3709 8732
Kerstin Rucht
END
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