Sale of shares from treasury

RNS Number : 6509G

Acorn Income Fund Ld

08 May 2014

 



Acorn Income Fund Limited

Sale of shares from treasury

8 May 2014

The board of Acorn Income Fund Limited (the 'Company') announces that on 8 May  2014 it sold for cash out of treasury the following ordinary shares of 1p each in the capital of the Company (the 'Ordinary Shares') and the following  redeemable zero dividend preference shares of 1p each in the capital of the Company (the 'ZDP Shares'):

75,000 Ordinary Shares at 372.00p per share; and

100,674 ZDP Shares at 124.00p per share.

As a result of the sale set out above, the Company's issued share capital remains as:

17,878,334 Ordinary Shares; and

23,998,371 ZDP Shares

of which:

1,335,000 Ordinary Shares; and

1,791,991 ZDP Shares are held in treasury.

The ZDP Shares do not have the right to attend or vote at any general meeting of the Company unless the business of the meeting includes any resolution to vary, modify or abrogate any of the special rights attached to the ZDP Shares. Accordingly, the total number of voting rights in the Company is 16,543,334.

Further Information

JTC Fund Managers (Guernsey) Limited

Secretary

Tel: [phone]

Numis Securities Limited

Nathan Brown, Corporate Broking

Tel: [phone]

E&OE - in transmission

 

END

 

 

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