SoFi stock falls after announcing $1.5B public offering of common stock
LONDON - Temple Bar Investment Trust PLC (LSE:TMPL) announced on Monday the sale of 275,000 ordinary shares from its treasury at a price of 361.5 pence per share.
Following the transaction, the investment trust now holds 49,334,447 ordinary shares in treasury, with a total of 334,363,825 ordinary shares in issue including those held in treasury.
The company stated that the shares sold will rank equally with existing ordinary shares in issue. The total number of voting rights in the company after the transaction stands at 285,029,378.
Temple Bar noted that shareholders may use the figure of 285,029,378 as the denominator for calculations to determine if they need to notify their interest in, or any change to their interest in, the company under the Financial Conduct Authority's Disclosure and Transparency Rules.
The announcement was a replacement of an earlier statement released on Monday at 15:29 pm, which was amended to include information about the total number of voting rights following the share re-issue.
This information was disclosed in a press release issued by Temple Bar Investment Trust PLC.
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