LONDON - CT Global Managed Portfolio Trust PLC has expanded its share capital through the issue of 100,000 new Income shares, the investment firm announced on Wednesday. The newly issued shares, priced at 112.75 pence each, are expected to begin trading on December 20.
This move comes as part of the company's utilization of its general business purposes blocklisting facility. Following the allotment, 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 latest issuance increases the company's total issued share capital to 52,555,518 Income shares and 38,741,161 Growth shares. However, the firm holds 4,070,000 Growth shares in treasury, which leaves the total number of voting rights in the company at 52,555,518 for Income shares and 34,671,161 for Growth shares.
Shareholders may use these figures as a reference for the denominator in calculations to ascertain whether they are required to disclose changes in their interest in the company, in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The information provided is based on a press release statement from CT Global Managed Portfolio Trust PLC.
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