LONDON - CT Global Managed Portfolio Trust PLC (the Company) has announced the allotment of 100,000 new Income shares, each priced at 112.75p, as part of its ongoing capital management strategy. The shares were issued on Wednesday, December 18, 2024, from the Company's general business purposes blocklisting facility.
These newly issued shares will be on equal footing (pari passu) with the current Income shares in circulation. Trading of these shares is expected to start on the London Stock Exchange (LON:LSEG) on Friday, December 20, 2024.
With this latest issue, CT Global retains the capacity to issue an additional 4,099,510 Income shares and 1,304,550 Growth shares under its blocklisting facilities. The transaction brings the Company's total issued share capital to 52,555,518 Income shares and 38,741,161 Growth shares. However, the company holds some of these shares in treasury—specifically, no Income shares and 4,070,000 Growth shares.
Consequently, the number of shares carrying voting rights in the Company stands at 52,555,518 Income shares and 34,671,161 Growth shares. These figures are relevant for shareholders who need to disclose their shareholding changes or interests in CT Global Managed Portfolio Trust PLC, following the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The announcement of this equity issue underscores the Company's ongoing efforts to manage its share capital actively. This information is based on a press release statement from CT Global Managed Portfolio Trust PLC.
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