THE BIOTECH GROWTH TRUST PLC
30 July 2020
Allotment of Ordinary Shares
THE BIOTECH GROWTH TRUST PLC (the “Company”) announces the
allotment of 55,000 Ordinary shares of 25p each fully paid from its
block listing authority.
These shares were issued today at a price of 1244.00 pence per Ordinary share, which equates
to a premium to the estimated cum income net asset value per
Ordinary share at the time of transaction of 1.4% The cum
income net asset value per Ordinary share at the close of business
on 29 July 2020 was 1241.39 pence.
Following this issue, the Company has the ability to issue a
further 5,813,134 Ordinary shares its block listing facility.
Following this transaction the Company hereby notifies the
market that it has in issue 39,452,269 Ordinary shares of 25p each
all with voting rights. No shares were held in treasury at
the date of announcement.
The figure of 39,452,269 may be used by shareholders as the
denominator for the calculation by which they may determine if they
are required to notify their interest in, or change to their
interest in, the Company under the FCA’s Disclosure Guidance and
Transparency Rules.
Enquiries:
Mark
Pope
Frostrow Capital
LLP
Tel: 020 3 008 4913