REG - Merchants Trust. - Issue of Equity

Merchants TrustAnnouncement

10/02/2023 17:00

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RNS Number : 6342P  Merchants Trust PLC  10 February 2023

 

LEI: 5299008VJFXCUD2EG312

 

10 February 2023

 

The Merchants Trust PLC

 

In accordance with the policy announced on 19 March 2019, the Company has
today issued 75,000 new ordinary shares of 25p each from the Company's general
corporate purposes block listing facility at a price of 590.77p per share.
This presents a premium of 1% to the current net asset value. These shares are
issued under the waiver of pre-emption rights authorised by shareholders at
the general meeting and rank pari passu with existing shares in issue.

 

Following this issue, the Company has the ability to issue 16,724,921 ordinary
shares under its block listing facility. As a result of this allotment, the
total number of ordinary shares in issue now stands at 140,369,887.

 

Shareholders may use the figure 141,547,887 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 FCA's
Disclosure and Transparency Rules.

 

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