Alpha Real Trust Limited Results of Scrip Dividend Alternative Election (8419S)
July 13 2020 - 7:23AM
UK Regulatory
TIDMARTL
RNS Number : 8419S
Alpha Real Trust Limited
13 July 2020
LEI: 213800BMY95CP6CYXK69
13 July 2020
ALPHA REAL TRUST LIMITED ("ALPHA REAL TRUST" OR THE
"COMPANY")
RESULTS OF SCRIP DIVIDEND ALTERNATIVE ELECTION
Scrip dividend alternative elections were received in respect of
48,258,894 shares representing a take up of 78% of the Company's
share capital as at the record date for the dividend. This will
result in the issue of 285,216 new ordinary shares (approximately
0.5% of the current issued share capital). These shares will be
issued at a price of 169.2 pence each and will rank pari passu in
all respects with the Company's existing issued ordinary
shares.
An application has been made to the London Stock Exchange for
these shares to be admitted to trading on the Specialist Fund
Segment of the London Stock Exchange's Main Market. It is expected
that admission will occur on 17 July 2020.
Following the issue of these shares, the ordinary share capital
of the Company will be 62,126,086 (including 1,940,797 Ordinary
Shares held in treasury) and the total voting rights in the Company
will be 60,185,289 with effect from 17 July 2020. The figure of
60,185,289 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, ART
under the FCA's Disclosure and Transparency Rules.
Share certificates will be posted to certificated shareholders
who elected for scrip dividend shares and shareholders holding
shares in CREST, who elected for scrip dividend shares, will have
their CREST accounts credited directly on 17 July 2020.
For further information please contact:
Alpha Real Trust Limited
David Jeffreys, Chairman, Alpha Real Trust +44 (0) 1481 742 742
Brad Bauman, Joint Fund Manager, Alpha Real Trust +44 (0) 20 7391 4700
Panmure Gordon, Broker to the Company
Atholl Tweedie +44 (0) 20 7886 2500
Further information on the Company can be found on the Company's
website: www.alpharealtrustlimited.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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