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On 8 August 2024, The Merchants Trust PLC issued 75,000 new ordinary shares of 25p each from its block listing facility at 575.30p per share, representing a 1% premium to net asset value. Following this allotment, the total number of ordinary shares in issue is 148,399,887, with 8,694,921 ordinary shares remaining available under the block listing facility. Shareholders should use 149,577,887 as the denominator for FCA's Disclosure and Transparency Rules calculations.
| Date | 8 Aug 2024 |
| Time | 16:34:44 |
| Category | Capital structure |
| ID | 7932Z |
LEI: 5299008VJFXCUD2EG312
8 August 2024
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 575.30p per share. This represents a premium of 1% to the current net asset value. The 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 8,694,921 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 148,399,887.
Shareholders may use the figure 149,577,887 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.
Enquiries
Kelly Nice
Company Secretary
Tel: 0203 246 7475