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LONDON - CT Global Managed Portfolio Trust PLC has announced the allotment of new shares as part of its ongoing efforts to manage its capital structure. On Monday, the investment trust issued 125,000 Income shares priced at 114.75 pence each. These shares, which have a nominal value of £0.046131176 per share, are expected to be tradable on the market starting May 20, 2025.
This latest issuance is drawn from the company’s general business purposes blocklisting facility. Following the transaction, CT Global Managed Portfolio Trust retains the capacity to issue an additional 2,864,510 Income shares and 1,304,550 Growth shares under its blocklisting facilities.
The company’s issued share capital now comprises 53,790,518 Income shares and 38,741,161 Growth shares. It is important to note that of the total Growth shares, 4,140,000 are held in treasury, leaving the number of shares with voting rights at 53,790,518 Income shares and 34,601,161 Growth shares.
Shareholders may be interested in the updated figures for the purpose of monitoring their shareholding percentage relative to the overall number of voting rights. These figures are also relevant for determining whether they need to disclose changes in their interest in the trust, as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The information for this report is based on a press release statement from CT Global Managed Portfolio Trust PLC.
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