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On 17 October 2022, The Merchants Trust PLC issued 110,000 new ordinary shares of 25p each from its general corporate purposes block listing facility. These shares were issued in tranches of 60,000 at 501.40p, 25,000 at 504.20p, and 25,000 at 504.40p per share. Following this issuance, the total number of ordinary shares in issue is 136,509,887, with 20,584,921 shares remaining under the block listing facility; shareholders may use 137,687,887 as the denominator for FCA Disclosure and Transparency Rules calculations.
| Date | 17 Oct 2022 |
| Time | 17:04:39 |
| Category | Capital structure |
| ID | 1627D |
LEI: 5299008VJFXCUD2EG312
17 October 2022
The Merchants Trust PLC
In accordance with the policy announced on 19 March 2019, the Company has today issued 110,000 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. 60,000 at 501.40p per share
2. 25,000 at 504.20p per share
3. 25,000 at 504.40p per share
Following this issue, the Company has the ability to issue 20,584,921 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 136,509,887.
Shareholders may use the figure 137,687,887 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.