Treasury Stock

RNS Number : 8321B

RCM Technology Trust PLC

07 March 2014

 



RCM Technology Trust plc ("the Company")

Issue of Treasury Shares

Further to the Annual Financial Report announcement on 6 March 2014, in which the Company stated that the Manager had agreed to receive ordinary shares issued from treasury as part consideration for the performance fee payable for the year to 30 November 2013, the Company has today issued 418,065 ordinary shares from treasury at a price of 579.99 pence per share (NAV as at 4 March 2014), being the latest published NAV at the date of the publication of the Annual Financial Report.

Following the above transactions, the Company has 25,768,006 Ordinary Shares in issue (excluding treasury shares) and holds 2,534,874 Ordinary Shares in treasury.

7 March 2014

 

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