Results of Scrip Dividend Alternative Election
18/07/2022 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220718:nRSR6925Sa&default-theme=true
RNS Number : 6925S Alpha Real Trust Limited 18 July 2022
LEI: 213800BMY95CP6CYXK69
18 July 2022
ALPHA REAL TRUST LIMITED ("ALPHA REAL TRUST" OR THE "COMPANY")
RESULTS OF SCRIP DIVIDEND ALTERNATIVE ELECTION
Scrip dividend alternative elections were received in respect of 49,551,926
shares representing a take up of 77% of the Company's share capital as at the
record date for the dividend. This will result in the issue of 371,175 new
ordinary shares (approximately 0.6% of the current issued share capital).
These shares will be issued at a price of 133.5 pence each and will rank pari
passu in all respects with the Company's existing issued ordinary shares.
An application has been made to the London Stock Exchange for these shares to
be admitted to trading on the Specialist Fund Segment of the London Stock
Exchange's Main Market. It is expected that admission will occur on 20 July
2022.
Following the issue of these shares, the ordinary share capital of the Company
will be 64,654,705 (including 7,717,581 Ordinary Shares held in treasury) and
the total voting rights in the Company will be 56,937,124 with effect from 20
July 2022. The figure of 56,937,124 may be used by shareholders 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, ART
under the FCA's Disclosure and Transparency Rules.
Share certificates will be posted to certificated shareholders who elected for
scrip dividend shares and shareholders holding shares in CREST, who elected
for scrip dividend shares, will have their CREST accounts credited directly on
20 July 2022.
For further information please contact:
Alpha Real Trust Limited
William Simpson, Chairman, Alpha Real
Trust +44 (0) 1481 742
742
Brad Bauman, Joint Fund Manager, Alpha Real Trust
+44 (0) 20 7391 4700
Panmure Gordon, Broker to the Company
Atholl Tweedie
+44 (0) 20 7886 2500
Further information on the Company can be found on the Company's website:
www.alpharealtrustlimited.com (http://www.alpharealtrustlimited.com) .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DIVFLFEFDSIELIF