Replacement - Sale of Treasury Shares
4 March 2024
India Capital Growth Fund Limited
LEI: 213800TPOS9AM7INH846
The following amendment has been made to the price at which 165,000 ordinary shares were sold from treasury, on 1 March 2024, from 183.75 pence to 187.75 pence in the Sale of Treasury Shares announcement released on 4 March 2024 at 7:00 under RNS Number 3591F, all other details of the announcement remain unchanged.
Replacement - Sale of Treasury Shares
India Capital Growth Fund Limited (the "Company") announces that it has sold 165,000 of its ordinary shares of one penny each ("Ordinary Shares") from treasury on 1 March 2024, at a price of 187.75 pence per Ordinary Share, a premium to the prevailing net asset value (cum income) per Ordinary Share, in order to meet market demand.
Following the transaction, the Company's issued share capital comprises:
86,573,656 Ordinary Shares (excluding treasury shares)
25,928,517 Ordinary Shares held in treasury
112,502,173 Ordinary Shares (including treasury shares)
The total number of shares with voting rights in the Company is 86,573,656 and this figure 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, the Company under the Disclosure Guidance and Transparency Rules.
ENQUIRIES
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Ocean Dial Asset Management, Investment Manager |
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AssetCo |
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Shore Capital, Financial Adviser and Broker |
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Apex Fund and Corporate Services (Guernsey) Limited (Company Secretary) Duke Le Prevost
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About India Capital Growth Fund
India Capital Growth Fund Limited the LSE premium listed investment company registered and incorporated in Guernsey, was established to take advantage of long-term investment opportunities in companies based in India. ICGF predominantly invests in listed mid and small cap companies, although investments may also be made in large cap and private Indian companies where the Fund Manager believes long-term capital appreciation will be achieved. www.indiacapitalgrowth.com
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