17 Nov 2015 07:00
ACORN INCOME FUND LD - Issue of SharesACORN INCOME FUND LD - Issue of Shares
PR Newswire
London, November 16
ACORN INCOME FUND LIMITED (THE 'COMPANY')
ISSUE OF SHARES
17 November 2015
The board of Acorn Income Fund Limited (the "Company") announces that on 16 November 2015 it issued for cash, from the current shares held in Treasury, ordinary shares of 1p each in the capital of the Company (the "Ordinary Shares") and also redeemable zero dividend preference shares of 1p each in the capital of the Company (the "ZDP Shares") as follows:
75,000 Ordinary Shares at £3.83 per share; and
100,674 ZDP Shares at £1.3125 per share.
As a result of the issue of shares set out above, the Company's issued share capital will remain as:
17,186,664 Ordinary Shares
23,069,931 ZDP Shares
Of which the following are held in Treasury:
1,500,972 Ordinary Shares; and
2,014,779 ZDP Shares.
The ZDP Shares do not have the right to attend or vote at any general meeting of the Company unless the business of the meeting includes any resolution to vary, modify or abrogate any of the special rights attached to the ZDP Shares. Accordingly, the total number of voting rights in the Company is 15,685,692.
For further information about this announcement, please contact:
Numis +44 207 260 1425Nathan BrownNorthern Trust International Fund AdministrationServices (Guernsey) Limited +44 1481 745 498Cara De La Mare