Issue of Equity

RNS Number : 5700T

Law Debenture Corp PLC

20 March 2023

 

The Law Debenture Corporation p.l.c.

8^th Floor

100 Bishopsgate

London

EC2N 4AG

20 March 2023

Issue of Equity

On 20 March 2023 The Law Debenture Corporation p.l.c. (the "Corporation" ) issued 225,000 new ordinary shares of 5 pence each at a price of (1) £7.79 per share for 150,000 shares and (2) £7.82 per share for 75,000 shares under its block listing facility; these shares rank pari passu with the existing ordinary shares in issue. The issue price equates to a premium to the net asset value per share at the time of the relevant transactions. Following the issuances, the Corporation has the ability to admit a further 13,940,000 ordinary shares under its block listing facility.

As a result of the issuances, the total number of ordinary shares in issue now stands at 129,645,549 and the total number of voting rights in the Corporation is 129,645,549. There are no shares held in treasury.

The above figure of 129,645,549 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Corporation under the FCA's Disclosure Guidance and Transparency Rules.

Law Debenture Corporate Services Limited

Company Secretary

Contact: Alison Skerritt, Tel: [phone]

The Law Debenture Corporation p.l.c. is registered in England, company registration number 30397. LEI number - 2138006E39QX7XV6PP21

 

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