Publication of Prospectus

RNS Number : 0474A

Personal Assets Trust PLC

14 March 2013

 



To:                   RNS

From:              Personal Assets Trust PLC

Date:               14 March 2013

Publication of Prospectus

Personal Assets Trust plc (the "Company") has today published a prospectus approved by the UK Listing Authority in relation to future issues of up to 500,000 shares for the purpose of operating its premium control policy.

The Board's policy, which is incorporated in the Company's articles of association, is to ensure that the Company's shares always trade at close to net asset value.  The Board will only issue new shares (or, as the case may be, re-issue shares from treasury) when they believe it is advantageous to the Company's shareholders to do so and in no circumstances would any issue of new shares or re-issue of shares from treasury be at an issue price which would result in a dilution of the net asset value per share.

A copy of the prospectus will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM.

Copies of the prospectus are also available in electronic form on the Company's website at www.patplc.co.uk and are available for collection during normal business hours on any day (Saturday, Sunday and public holidays excepted) until 14 March 2014 from the registered office of the Company at 10 St Colme Street, Edinburgh EH3 6AA and from Dickson Minto W.S., Broadgate Tower, 20 Primrose Street, London EC2A 2EW.

All enquiries

Robin Angus (Executive Director)

Tel: [phone]

Steven Davidson (Company Secretary)

Tel: [phone]

 

END

 

 

PDIZZLFFXXFEBBE