9 September 2016
TwentyFour Income
Fund Limited
(“TFIF” or the
“Company”)
Issue of
equity
TwentyFour Income Fund Limited (LSE: TFIF) is pleased to
announce that, to satisfy market demand and to raise money for
investment in accordance with the Company’s investment policy,
2,500,000 new ordinary redeemable shares of 1p each in the capital
of the Company were issued today at a price of 110.81 pence per share (the “New Shares”) under
the Placing Programme, raising £2,770,250 (before costs and
expenses). The New Shares rank pari passu with the existing
ordinary redeemable shares in issue.
Following this issue, the Company’s issued share capital
comprises 379,814,151 ordinary shares. This figure of
379,814,151 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 and Transparency Rules.
Applications will be made for the New Shares to be admitted to
the premium segment of the Official List of the UK Listing
Authority and to trading on the London Stock Exchange’s main market
for listed securities. Admission is expected to become effective,
and dealings in the New Shares are expected to commence, at
8.00 a.m. on 15 September 2016.
For further information, please contact:
TwentyFour Income
Fund Limited
John Magrath
Alistair Wilson |
+44 (0)20 7015
8900 |
Numis Securities
Limited
Nathan Brown
Hugh Jonathan |
+44 (0)20 7260
1000 |