Merchants Trust PLC Block Listing - Allotment of new shares (3518W)
April 22 2021 - 8:43AM
UK Regulatory
TIDMMRCH
RNS Number : 3518W
Merchants Trust PLC
22 April 2021
LEI: 5299008VJFXCUD2EG312
22 April 2021
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the
Company has today issued 100,000 new ordinary shares of 25p each
from the Company's general corporate purposes block listing
facility at a price of 514.44p per share. This represents a premium
of 1% to the current net asset value. These shares are issued under
the waiver of pre-emption rights authorised by shareholders at the
general meeting and rank pari passu with existing shares in
issue.
Following this issue, the Company has the ability to issue
12,284,921 ordinary shares under its block listing facility. As a
result of this allotment, the total number of ordinary shares in
issue now stands at 122,809,887.
Shareholders may use the figure 123,987,887 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.
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