Publication of Prospectus

RNS Number : 7836H

Baillie Gifford Japan Trust PLC

02 December 2015

 

The Baillie Gifford Japan Trust PLC  

Publication of Prospectus

The Baillie Gifford Japan Trust PLC (the "Company") has today published a Prospectus approved by the UK Listing Authority in relation to future issues of up to 15,000,000 ordinary shares of £0.05 each (the "New Shares").

The New Shares will be issued only (i) at a premium to net asset value; (ii) to meet demand from investors; and (iii) when the Directors believe that it is in the best interests of the Company to do so. Therefore, as the issues have been proposed in principle by the Directors to allow the Company to issue new ordinary shares to satisfy demand from investors at times when the ordinary shares are trading at a premium to the net asset value per ordinary share, the issue of the New Shares pursuant to the issues will not result in a dilution of the net asset value per ordinary share.

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

Copies of the Prospectus will shortly also be available in electronic form on the Company's website at www.japantrustplc.co.uk and will be available for collection during normal business hours on any day (Saturday, Sunday and public holidays excepted) until 1 December 2016 from the offices of Dickson Minto W.S., Broadgate Tower, 20 Primrose Street, London EC2A 2EW and the registered office of the Company at Calton Square, 1 Greenside Row, Edinburgh EH1 3AN.

Baillie Gifford & Co Limited

Company Secretaries

2 December 2015

For further information please contact:

Alex Blake
Baillie Gifford & Co
Tel: [phone]

 

END

 

 

PDIELLFBELFLFBD