REG - India CapitalGrwthFd - Sale of Treasury Shares

India Capital Growth FundAnnouncement

09/02/2024 07:00

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RNS Number : 5587C  India Capital Growth Fund Limited  09 February 2024

9 February 2024

India Capital Growth Fund Limited

LEI: 213800TPOS9AM7INH846

Sale of Treasury Shares

India Capital Growth Fund Limited (the "Company") announces that it has sold
210,000 of its ordinary shares of one penny each ("Ordinary Shares") from
treasury on 8 February 2024, at a price of 183.90 pence per Ordinary Share,
a premium to the prevailing net asset value (cum income) per Ordinary Share,
in order to meet market demand.

 

Following the transaction, the Company's issued share capital comprises:

 

84,980,656 Ordinary Shares (excluding treasury shares)

 

27,521,517 Ordinary Shares held in treasury

 

112,502,173 Ordinary Shares (including treasury shares)

 

The total number of shares with voting rights in the Company is 84,980,656 and
this figure 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
Disclosure Guidance and Transparency Rules.

ENQUIRIES

 Ocean Dial Asset Management, Investment Manager                          +44 20 7068 9870
 Robin Sellers
 AssetCo                                                                  +44 7702 799 117

Gary Marshall, Lucy Draper

 Shore Capital, Financial Adviser and Broker                              +44 20 7408 4090

Rose Ramsden, Angus Murphy (Corporate Advisory)

Henry Willcocks, Fiona Conroy (Corporate Broking)
 Apex Fund and Corporate Services (Guernsey) Limited (Company Secretary)  +44 20 3530 3687

Matt Lihou                                                              indiacapitalbox@apexgroup.com

 Duke Le Prevost

About India Capital Growth Fund

India Capital Growth Fund Limited the LSE premium listed investment company
registered and incorporated in Guernsey, was established to take advantage of
long-term investment opportunities in companies based in India. ICGF
predominantly invests in listed mid and small cap companies, although
investments may also be made in large cap and private Indian companies where
the Fund Manager believes long-term capital appreciation will be
achieved. www.indiacapitalgrowth.com
(https://url.avanan.click/v2/___http:/www.indiacapitalgrowth.com___.YXAxZTpzaG9yZWNhcDphOm86N2NkNDZjZWQ1NGY5NGEyYTZlZDY0MmFiZjZiNTJlMmM6Njo0NmUzOjAxMjNmMDIzZDBiYjExMWIyMjc0MDMxYzUyMzJmNzcxMGRmNWE5ZTU3NWRmNzU2YzJjMDljZmQzNzUwY2NjMGU6aDpU)

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