REG - Ashoka India Equity - Issue of Equity

Ashoka India Equity Investment TrustAnnouncement

27/03/2024 17:30

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RNS Number : 5843I  Ashoka India Equity Investment Tst  27 March 2024

 27 March 2024

 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC

 Issue of Ordinary Shares

 Ashoka India Equity Trust plc (the "Company") announces that it has today
 issued 380,000 of its ordinary shares of one penny each (Ordinary Shares)
 pursuant to its block listing facility. The Ordinary Shares will be issued at
 a price of 251.80 pence per Ordinary Share, a premium to the prevailing net
 asset value (cum income) per Ordinary Share.

 Following the issue of Ordinary Shares, the Company's issued share capital
 will comprise 138,767,445 Ordinary Shares and this is the total number of
 Ordinary Shares with voting rights in the Company. This figure 138,767,445 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 the Company under the Financial Conduct Authority's
 Disclosure Guidance and Transparency Rules.

 The Company's LEI is 213800KX5ZS1NGAR2J89.

 For further information please contact:

 Peel Hunt LLP

 Luke Simpson, Liz Yong, Huw Jeremy (Investment
 Banking)

 Tel: 020 7418 8900
 Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris (Sales)

 

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