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REG - GRIT Investment Tst. - Capital Reorganisation - update

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RNS Number : 8385A  GRIT Investment Trust PLC  25 January 2024

GRIT INVESTMENT TRUST PLC

("GRIT" or the "Company")

Capital Reorganisation Update

 

At the Annual General Meeting of the Company held on 7 July 2023, the proposed
share capital reorganisation was approved by shareholders in the Company.
Accordingly, each existing ordinary share of 2.5 pence will be sub-divided
into one ordinary share of 0.1 pence (the "New Ordinary Shares") and 1
deferred share of 2.4 pence.  The rights attaching to the New Ordinary Shares
will be identical in all respects to those of the existing ordinary shares,
and the ISIN number will remain the same.

Application has been made for the New Ordinary Shares to be admitted to the
Official List of the Financial Conduct Authority and to trading on the main
market for listed securities of the London Stock Exchange, and it is expected
that dealings in the shares will commence at 08.00 on Friday 26 January 2024.

The Directors of the Company accept responsibility for the contents of this
announcement.

-ENDS-

For further information, please contact:

 GRIT Investment Trust Plc

 Martin Lampshire

 Tel: +44 (0)   20 3198 2554
 Peterhouse Capital Limited

 Lucy Williams/Duncan Vasey

 Tel: +44 (0)20 7469 0930

 

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