REG - Personal Assets Tst. - Share Split and Total Voting Rights

Personal Assets TrustAnnouncement

29/07/2022 16:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220729:nRSc3203Ua&default-theme=true

RNS Number : 3203U  Personal Assets Trust PLC  29 July 2022

To:                          RNS

LEI:                         213800Z7ABM7RLQ41516

From:                    Personal Assets Trust plc

Date:                     29 July 2022

 

 

 

Share Split and Total Voting Rights

 

Further to the announcement on 27 July 2022 and in advance of the proposed
subdivision of its Ordinary shares on a 100 for one basis (the "Share Split")
which will take effect from 1 August 2022, Personal Assets Trust plc (the
"Company") announces it currently has in issue 3,809,554 Ordinary shares of
£12.50 each in the capital of the Company (the "Existing Ordinary shares")
and no shares are held in Treasury.

 

On this basis and in accordance with the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules, following the completion of the
Share Split, the Company will have 380,955,400 Ordinary shares of 12.5 pence
each in the capital of the Company (the "New Ordinary shares") in issue.

 

The New Ordinary shares will have a new ISIN and SEDOL, as follows:

 

ISIN: GB00BM8B5H06

SEDOL: BM8B5H0

 

Application has been made for the admission of the New Ordinary shares to the
Official List of the Financial Conduct Authority and to trading on the main
market of the London Stock Exchange and to amend the Company's existing block
listing facility (the "Admission Applications"). The Admission Applications
included the 446,312 Existing Ordinary shares remaining available for issue
under the Company's current block listing facility. Upon the amendment of the
block listing facility there will be 44,631,200 New Ordinary shares available
for issue pursuant to the existing facility.

 

It is expected that the Share Split will become effective and that dealings in
the New Ordinary shares will commence at 8.00am on Monday, 1 August 2022. The
last day of dealing in the Existing Ordinary shares will be Friday, 29 July
2022, with the record date for the Share Split being 6.00pm on that day (the
"Record Date"). CREST accounts are expected to be credited with New Ordinary
shares on Monday, 1 August 2022 and share certificates in respect of the New
Ordinary shares are expected to be dispatched to shareholders no later than
Monday, 15 August 2022.

 

The above figure (380,955,400) 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.

 

Dividend

 

For the avoidance of doubt, following the Share Split the second interim
dividend of £1.40 per Existing Ordinary share announced on 15 July 2022 will
now equate to 1.4 pence per New Ordinary share. The payment and record dates
for the second interim dividend remain unchanged and the dividend will be paid
on 7 October 2022 to shareholders on the register on 26 August 2022. The
ex-dividend date will be 25 August 2022.

 

 

Juniper Partners Limited

Company Secretary

 

Enquiries: 0131 378 0500

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TVRZKLFLLDLEBBL