CT Global Managed Portfolio expands equity by 100,000 shares

Published 02/06/2025, 16:02
CT Global Managed Portfolio expands equity by 100,000 shares

LONDON - CT Global Managed Portfolio Trust PLC (the Company) has announced the allotment of 100,000 new Income shares, each with a nominal value of £0.046131176, as of today. The shares were issued at a price of 115.5p per Income share from the Company’s general business blocklisting facility and are set to commence trading on June 4, 2025.

With this latest issue, the Company’s total issued share capital now comprises 53,890,518 Income shares and 38,741,161 Growth shares. It is noted that there are no Income shares and 4,360,000 Growth shares held in treasury, which brings the total number of voting rights in the Company to 53,890,518 for Income shares and 34,381,161 for Growth shares.

The new shares will rank equally (pari passu) with the existing Income shares currently in circulation. Following the transaction, CT Global Managed Portfolio Trust PLC retains the capacity to issue an additional 2,764,510 Income shares and 1,304,550 Growth shares under its blocklisting facilities.

This information is pertinent for shareholders who use the total voting rights figure as a denominator in their calculations. These calculations are necessary for determining whether they must disclose changes in their shareholding in the Company, in accordance with the Financial Conduct Authority’s (FCA) Disclosure Guidance and Transparency Rules.

The announcement is based on a press release statement from CT Global Managed Portfolio Trust PLC, providing key information for shareholders and potential investors regarding the Company’s capital structure and compliance with regulatory disclosure requirements.

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

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