Capitalisation Issue of B Ord Shares

RNS Number : 5595G

Murray International Trust PLC

13 May 2011

 



Murray International Trust PLC

Capitalisation Issues of B Ordinary Shares

In accordance with the terms of the Articles of Association of the Company the Directors have resolved to make bonus issues of B Ordinary shares which correspond to the final dividend of 11.6p per Ordinary share and special interim dividend of 2.5p, announced on 22 February 2011. 

In connection with the final dividend the Company will capitalise £2,706 being part of the sum standing at credit of the realised gains reserve and the Directors will issue 1.28768 new B Ordinary shares credited as fully paid for every 100 B Ordinary shares held at close of business on the record date of 8 April 2011 (resulting in the issue of 10,824 new B Ordinary shares based upon the 840,584 B Ordinary shares in issue on the record date). 

In connection with the special interim dividend the Company will capitalise £583 being part of the sum standing at credit of the realised gains reserve and the Directors will issue 0.27743 new B Ordinary shares credited as fully paid for every 100 B Ordinary shares held at close of business on the record date of 8 April 2011 (resulting in the issue of 2,332 new B Ordinary shares based upon the 840,584 B Ordinary shares in issue on the record date). 

Definitive certificates in respect of the new B Ordinary shares arising from the capitalisation will be posted on 16 May 2011 to holders of B Ordinary shares on the record date. 

 

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