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Pin to quick picksSmithson Invest Regulatory News (SSON)

Share Price Information for Smithson Invest (SSON)

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Share Price: 1,368.00
Bid: 1,366.00
Ask: 1,368.00
Change: -4.00 (-0.29%)
Spread: 2.00 (0.146%)
Open: 1,372.00
High: 1,378.00
Low: 1,366.00
Prev. Close: 1,372.00
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Smithson is an Investment Trust

To provide Shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by small and mid-sized listed or traded companies globally with a market cap of between GBP500 m to GBP15 bn.

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Block Listing Application

20 Apr 2020 15:53

RNS Number : 2441K
Smithson Investment Trust PLC
20 April 2020
 

Smithson Investment Trust plc ("Smithson" or the "Company")

Legal Entity Identified: 52990070BDK2OKX5TH79

Block Listing Application

The Board of the Company notes that an application has been made to the UK Listing Authority and to the London Stock Exchange for a block listing of 10,000,000 ordinary shares of 1 pence each ("Ordinary Shares") in the Company to be admitted to the Official List and to trading on London Stock Exchange's Main Market for listed securities ("Admission").

These Ordinary Shares may be issued inter alia to satisfy market demand and for the purposes of managing the premium to net asset value (cum income) per Ordinary Share at which the Ordinary Shares are trading. When issued, the new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. It is expected that Admission will become effective on 21 April 2020.

Any Ordinary Shares issued pursuant to the block listing facility will be issued subject to the terms and conditions of the placing programme set out in the Company's prospectus dated 1 April 2020.

Enquiries:

 

Fundsmith LLP

+44 (0)20 3551 6337

Mark Laurence, Chief Operating Officer

Simon Godwin, Chief Financial Officer

Investec Bank plc

+44 (0) 20 7597 5970

David Yovichic

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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