Results of Scrip Dividend - Replacement

RNS Number : 2033H

Alpha Real Trust Limited

04 April 2022

 

Correction: Results Of Scrip Dividend Alternative Election 

The Company advises of a correction to the Results Of Scrip Dividend Alternative Election announcement it released at 11.18 a.m. on 4 April 2022 (under RNS No. 1505H)

The Company has corrected the date on which shareholders holding shares in CREST, who elected for scrip dividend shares, will have their CREST accounts credited, which is 7 April 2022.

All other details remain unchanged. The full amended version is below.

LEI: 213800BMY95CP6CYXK69

4 April 2022

ALPHA REAL TRUST LIMITED ("ALPHA REAL TRUST" OR THE "COMPANY")

RESULTS OF SCRIP DIVIDEND ALTERNATIVE ELECTION  

Scrip dividend alternative elections were received in respect of 49,150,434 shares representing a take up of 77% of the Company's share capital as at the record date for the dividend. This will result in the issue of 346,379 new ordinary shares (approximately 0.5% of the current issued share capital). These shares will be issued at a price of 141.9 pence each and will rank pari passu in all respects with the Company's existing issued ordinary shares.

An application has been made to the London Stock Exchange for these shares to be admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market. It is expected that admission will occur on 7 April 2022.

Following the issue of these shares, the ordinary share capital of the Company will be 64,283,530 (including 2,252,065 Ordinary Shares held in treasury) and the total voting rights in the Company will be  62,031,465 with effect from 6 April 2022. The figure of 62,031,465 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, ART under the FCA's Disclosure and Transparency Rules.

Share certificates will be posted to certificated shareholders who elected for scrip dividend shares and shareholders holding shares in CREST, who elected for scrip dividend shares, will have their CREST accounts credited directly on 7 April 2022.

For further information please contact:

Alpha Real Trust Limited

William Simpson, Chairman, Alpha Real Trust  [phone]

Brad Bauman, Joint Fund Manager, Alpha Real Trust  [phone]

Panmure Gordon, Broker to the Company

Atholl Tweedie                                                                               [phone]

Further information on the Company can be found on the Company's website: www.alpharealtrustlimited.com .

 

END

 

 

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