City of London Investment Trust sells 400,000 shares from treasury

Published 27/06/2025, 14:50
City of London Investment Trust sells 400,000 shares from treasury

LONDON - The City of London Investment Trust PLC has sold 400,000 ordinary shares from its treasury holdings at a price of 490.0p per share, according to a statement released Friday.

The transaction was completed for cash, with the shares priced at 490.0p each. Following the sale, the company’s issued ordinary share capital remains at 502,664,868 shares of 25p each, with 9,147,762 shares held in treasury without voting rights.

The number of ordinary shares with voting rights now stands at 493,517,106. The company’s total voting rights are calculated at 32,960,822, which includes 32,901,140 votes for ordinary shares (one vote per 15 shares), 30,198 votes for First Preference Stock, and 29,484 votes for Preferred Ordinary Stock.

The trust noted that shareholders may use the total 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 trades under the Legal Entity Identifier 213800F3NOTF47H6AO55, is managed by Janus Henderson Fund Management UK Limited.

This information is based on a press release statement issued by the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.