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LONDON - CT Global Managed Portfolio Trust PLC announced the allotment of new equity shares on Tuesday, as part of its ongoing capital management strategy. The investment trust issued 85,000 Income shares at a price of 106.75 pence per share, which will trade on the market starting April 17, 2025.
Following the transaction, the company’s issued share capital includes 53,665,518 Income shares and 38,741,161 Growth shares. The company retains the capacity to issue an additional 2,989,510 Income shares and 1,304,550 Growth shares under its blocklisting facilities.
The newly issued Income shares will rank equally with the existing shares. With nil Income shares and 4,090,000 Growth shares held in treasury, the total number of voting rights in the company stands at 53,665,518 Income shares and 34,651,161 Growth shares.
This information is pertinent for shareholders who may need to disclose changes in their holdings in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. The figures provided can serve as a denominator for such calculations.
This equity issue is part of CT Global Managed Portfolio Trust PLC’s general business purposes and reflects its ability to raise capital for future endeavors. The announcement is based on a press release statement from the company.
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