B Ordinary Share Capitalisation Ratio

RNS Number : 0357F

Murray International Trust PLC

09 November 2015

 

9 November 2015

Murray International Trust PLC

Capitalisation Issue of B Ordinary Shares

In accordance with the terms of the Articles of Association of the Company the Directors have resolved to make a bonus issue of B Ordinary shares which corresponds to the second interim dividend of 10.5p per Ordinary share announced on 13 August 2015.

On 17 November 2015 the Company will capitalise £2,602 being part of the sum standing at credit of the realised gains reserve and the Directors will issue 1.15664 new B Ordinary shares credited as fully paid for every 100 B Ordinary shares held at close of business on the record date of 9 October 2015 (resulting in the issue of 10,409 new B Ordinary shares based upon the 899,955 B Ordinary shares in issue on the record date). 

Application is being made to the UK Listing Authority and the London Stock Exchange Plc for the 10,409 B Ordinary shares of 25p each ("Shares") to be admitted to the Official List.  The B Ordinary Shares will rank pari passu with the existing B Ordinary shares and will be issued in respect of the capitalisation issue in lieu of the second interim dividend.  Dealings are expected to commence in the new B Ordinary shares on 17 November 2015.

Definitive certificates in respect of the new B Ordinary shares arising from the capitalisation will be posted on 17 November 2015 to holders of B Ordinary shares on the record date. 

 

END

 

 

MSCFKLFBEFFEFBF