Biotech Grw Tst PLC Issue of Equity
July 31 2020 - 11:50AM
UK Regulatory
TIDMBIOG
THE BIOTECH GROWTH TRUST PLC
31 July 2020
Allotment of Ordinary Shares
THE BIOTECH GROWTH TRUST PLC (the "Company") announces the allotment of 50,000
Ordinary shares of 25p each fully paid from its block listing authority.
These shares were issued today at a price of 1216.00 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 1.0% The cum income net asset
value per Ordinary share at the close of business on 30 July 2020 was 1241.04
pence.
Following this issue, the Company has the ability to issue a further 5,763,134
Ordinary shares its block listing facility.
Following this transaction the Company hereby notifies the market that it has
in issue 39,502,269 Ordinary shares of 25p each all with voting rights. No
shares were held in treasury at the date of announcement.
The figure of 39,502,269 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
END
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