B Ord Capitalisation Issue/Listing Application

RNS Number : 2754E

Murray International Trust PLC

08 May 2013

 



8 May 2013

Murray International Trust PLC

Capitalisation Issue of B Ordinary Shares

In accordance with the terms of the Articles of Association of the Company the Directors have resolved to make a bonus issue of B Ordinary shares which corresponds to the final dividend of 13.5p per Ordinary share announced on 26 February 2013. 

On 16 May 2013 the Company will capitalise £3,208 being part of the sum standing at credit of the realised gains reserve and the Directors will issue 1.41211 new B Ordinary shares credited as fully paid for every 100 B Ordinary shares held at close of business on the record date of 5 April 2013 (resulting in the issue of 12,832 new B Ordinary shares based upon the 908,713 B Ordinary shares in issue on the record date). 

Application has been made to the UK Listing Authority and the London Stock Exchange Plc for the 12,832 B Ordinary shares of 25p each ("Shares") to be admitted to the Official List.  The B Ordinary Shares will rank pari passu with the existing B Ordinary shares and will be issued in respect of the capitalisation issue in lieu of the third interim dividend.  Dealings are expected to commence in the new B Ordinary shares on 16 May 2013.

Definitive certificates in respect of the new B Ordinary shares arising from the capitalisation will be posted on 16 May 2013 to holders of B Ordinary shares on the record date. 

 

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