Issue of Equity/Exercise of Warrants

RNS Number : 6507P

Aberdeen Asian Income Fund Limited

05 October 2011

 



5 October 2011

ABERDEEN ASIAN INCOME FUND LIMITED

ISSUE OF EQUITY AND EXERCISE OF WARRANTS

The Company announces that, on 5 October 2011, it issued 5,800 new ordinary shares of no par value following the exercise of 5,800 warrants to subscribe for ordinary shares at 120p per share ("Warrants") in the period up to 4 October 2011. 

Also on 5 October 2011 the Company issued 1,000,000 new ordinary shares of no par value for cash at a price of 156.625 pence per share.

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 11 October 2011.

Following this issue, the Company's issued ordinary share capital consists of 137,933,871 ordinary shares, none of which are held in treasury and there are also 6,155,130 Warrants outstanding.  Accordingly, the total number of voting rights in the Company is 137,933,871.

The above figure (137,933,871) 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 the Company, under the Disclosure and Transparency Rules.

Enquiries

Charles Mearns

Aberdeen Private Wealth Management Limited

T: 0131 528 4132

 

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