Replacement - Issue of Equity

RNS Number : 7597M

Lowland Investment Co PLC

29 August 2013

 



The issuer advises that the following replaces the Issue of Equity announcement released on Friday 23 August 2013 at 16:39 under RNS 4360M, the previous announcement having not explained the reason why the shares were allotted for cash.

All other details remain unchanged. The full amended text appears below.

HENDERSON GLOBAL INVESTORS

LOWLAND INVESTMENT COMPANY PLC

29 August 2013

LOWLAND INVESTMENT COMPANY PLC

ALLOTMENT OF SHARES

The Company announces the allotment on 23 August 2013 of 150,000 ordinary shares of 25p each fully paid for cash due to investor demand at a price of 1330.00p per share ("New Shares"). The New Shares rank pari passu with the existing ordinary shares. Application is now being made for the New Shares to be admitted to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities, and dealings are expected to commence on or around 30 August 2013. The number of ordinary shares in issue is now 26,567,427.

The total number of voting rights in the Company is now 26,567,427 in respect of the ordinary shares.

The above figure (26,567,427) 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, Lowland Investment Company plc under the FCA's Disclosure and Transparency Rules.

- ENDS -

For further information please contact:

James Henderson

Portfolio Manager,

Lowland Investment Company plc

Telephone: [phone]

James de Sausmarez

Director and Head of Investment Trusts,

Henderson Global Investors                                                  

Telephone: [phone]

 

END

 

 

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