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The Merchants Trust PLC issued 135,000 new ordinary shares of 25p each on 17 June 2022 from its general corporate purposes block listing facility. These shares, comprising 35,000 at 547.58p and 100,000 at 549.09p, were issued at a premium of at least 1% to the prevailing net asset value. Following this issue, the company has 22,989,921 ordinary shares remaining under its block listing facility, and the total ordinary shares in issue now stands at 134,104,887.
| Date | 17 Jun 2022 |
| Time | 16:46:06 |
| Category | Capital structure |
| ID | 3664P |
LEI: 5299008VJFXCUD2EG312
17 June 2022
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the Company has today issued 135,000 new ordinary shares of 25p each from the Company's general corporate purposes block listing facility at the prices below. The issuances each represented a premium of at least 1% to the prevailing 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.
1. 35,000 at 547.58p per share
2. 100,000 at 549.09p per share
Following this issue, the Company has the ability to issue 22,989,921 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 134,104,887.
Shareholders may use the figure 135,282,887 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.