LONDON - CT Global Managed Portfolio Trust PLC (the Company) has announced the allotment of 150,000 new Income shares at a price of 115.75p per share, effective December 5, 2024. These shares were issued from the Company's general business blocklisting facility and are expected to commence trading on December 9, 2024.
The newly issued shares will rank equally with the existing Income shares. With this latest issue, the Company has the capacity to issue an additional 4,299,510 Income shares and 1,304,550 Growth shares under its current blocklisting facilities.
Following the transaction, the Company's issued share capital now comprises 52,355,518 Income shares and 38,741,161 Growth shares. It is noted that none of the Income shares and 4,070,000 of the Growth shares are held in treasury, bringing the total number of voting rights in the Company to 52,355,518 for Income shares and 34,671,161 for Growth shares.
Shareholders may use these figures 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 Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rules.
This move is part of the Company's ongoing capital management strategy and provides additional information for shareholders about their relative ownership in the trust. The announcement is based on a press release statement from CT Global Managed Portfolio Trust PLC.
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