REG-Biotech Grw Tst PLC: Correction : Issue of Equity

Biotech Growth TrustAnnouncement

14/07/2020 18:30

This is a correction to the announcement released earlier today at 17:19 which
erroneously stated a premium of 2.0%. This has been corrected to 1.0% below.
All other details remain unchanged.

 

THE BIOTECH GROWTH TRUST PLC

14 July 2020

 

Allotment of Ordinary Shares
 

THE BIOTECH GROWTH TRUST PLC (the “Company”) announces the allotment of
25,000 Ordinary shares of 25p each fully paid from its block listing
authority. 

These shares were issued today at a price of 1297.25 pence per Ordinary share,
which equates to a premium to the estimated  cum income net asset value per
Ordinary share at the time of transaction of 1.0%  The cum income net asset
value per Ordinary share at the close of business on 13 July 2020 was 1279.97
 pence.

Following this issue, the Company has the ability to issue a further 5,933,134
Ordinary shares its block listing facility.

Following this transaction the Company hereby notifies the market that it has
in issue 39,332,269 Ordinary shares of 25p each all with voting rights.  No
shares were held in treasury at the date of announcement.

The figure of 39,332,269 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 Guidance and Transparency Rules.



Enquiries:

Victoria Streater                    
Frostrow Capital LLP            
Tel: 020 3 170 8732

 



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