Issue of Equity/Conversion of CULS

RNS Number : 6538G

Edinburgh Dragon Trust plc

09 August 2016

 

Edinburgh Dragon Trust plc

9 August 2016

Conversion of CULS/Issue of equity

The Board of Edinburgh Dragon Trust plc (the "Company") has today issued, subject to listing, 410 Ordinary Shares following elections by holders of the Company's 3.5% Convertible Unsecured Loan Stock 2018 ("CULS") to convert £1,273 nominal of CULS. The Ordinary Shares will rank pari passu with the existing Ordinary Shares.

It is expected that admission to the Official List and commencement of dealings in these Ordinary Shares on the London Stock Exchange will take place at 8.00 a.m. on 10 August 2016.  The update of CREST accounts and the despatch of certificates for the newly issued shares will be on 12 August 2016.

Following admission there will be:

190,735,402 Issued Ordinary shares (excluding treasury shares)

5,295,100 Ordinary shares held in treasury

196,030,502 Issued Ordinary shares (including treasury shares)

£59,778,788 nominal of CULS. 

Enquiries

Valerie MacKenzie, Aberdeen Asset Managers 0131 528 4136

 

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