LONDON - Brunner Investment Trust PLC has announced the issuance of 25,000 new ordinary shares at a price of 1432.00p each, a slight premium over the net asset value. This move, executed today, comes as part of the company's strategy outlined on November 18, 2024, utilizing its general corporate purposes block listing facility.
The transaction was conducted under the waiver of pre-emption rights, which was previously authorized by the shareholders during a general meeting. The new shares will be on equal footing (pari passu) with the currently existing shares.
With the completion of this issuance, Brunner Investment Trust PLC now has the capacity to issue an additional 395,000 ordinary shares under the same block listing facility. The total number of ordinary shares in issue for the company has risen to 43,247,727 as a result of this allotment.
Shareholders are advised to use the updated share count as the denominator for any calculations needed to determine whether they must disclose changes in their interest in the company, as per the Financial Conduct Authority's Disclosure and Transparency Rules.
This information, based on a press release statement, is distributed by RNS, a news service of the London Stock Exchange (LON:LSEG) and is authorized by the Financial Conduct Authority in the UK.
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