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The Merchants Trust PLC issued 10,000 new ordinary shares of 25p each from its block listing facility on 14 February 2022. These shares were issued at a price of 577p per share, representing a 1% premium to the current net asset value. Following this issuance, the total number of ordinary shares in issue is 128,394,887, with 6,699,921 shares remaining under the facility, and shareholders may use 129,572,887 as the denominator for DTR calculations.
| Date | 14 Feb 2022 |
| Time | 14:57:33 |
| Category | Capital structure |
| ID | 6279B |
LEI: 5299008VJFXCUD2EG312
14 February 2022
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the Company has today issued a further 10,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at a price of 577p per share. This represents 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 6,699,921 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 128,394,887.
Shareholders may use the figure 129,572,887 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.