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LONDON - The City of London Investment Trust PLC (LSE:CTY) has sold 250,000 ordinary shares from its treasury holdings at a price of 497.5p per share, according to a press release statement issued Monday.
Following the transaction, the company’s issued ordinary share capital remains unchanged at 502,664,868 ordinary shares of 25p each. Of these, 8,897,762 shares are held in treasury and carry no voting rights.
The number of ordinary shares with voting rights now stands at 493,767,106. The company’s total voting rights are calculated at 32,977,489, which includes 32,917,807 votes from ordinary shares (one vote for every 15 shares), 30,198 votes from First Preference Stock, and 29,484 votes from Preferred Ordinary Stock.
The trust noted that shareholders may use the updated voting rights figure as the denominator for calculations to determine if they need to notify their interest in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The City of London Investment Trust PLC, which is managed by Janus Henderson Fund Management UK Limited, has a Legal Entity Identifier of 213800F3NOTF47H6AO55.
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