Block Listing Application

RNS Number : 6606E

Pacific Horizon Investment Tst PLC

09 November 2020

 

Pacific Horizon Investment Trust PLC

Block Listing Application

The Board of Pacific Horizon Investment Trust PLC (the "Company") announces that the Company has made an application to the UK Listing Authority for a block listing of 2,034,420 ordinary shares of 10p each ("Shares") to be admitted to the Official List and to the London Stock Exchange for the Shares to be admitted to trading on the premium segment of the Main Market.

The Company will have additional authority to issue up to 10 per cent. of the Company's issued share capital on a non-pre-emptive basis, subject to shareholder authority being obtained at the AGM on 10 November 2020. The Board has determined that this authority may be utilised to satisfy market demand by issuing new Shares at a small premium to NAV. This policy is intended to ensure that the level of premium at which the Shares trade does not reach excessive levels.

The block listing is expected to become effective at 8 a.m. on 11 November 2020. Any issue of new Shares will be notified by the Company through a RIS announcement and the Company's website.

Baillie Gifford & Co Limited

Company Secretaries

9 November 2020

Legal Entity Identifier: VLGEI9B8R0REWKB0LN95

Regulated Information Classification:  Acquisition or disposal of the issuer's own shares.

 

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