Biotech Grw Tst PLC Issue of Equity
November 23 2020 - 12:58PM
UK Regulatory
TIDMBIOG
THE BIOTECH GROWTH TRUST PLC
23 November 2020
Allotment of Ordinary Shares
THE BIOTECH GROWTH TRUST PLC (the "Company") announces the allotment of 25,000
Ordinary shares of 25p each fully paid from its block listing authority.
These shares were issued today at a price of 1463.50 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 20 November 2020 was
1448.46 pence.
Following this issue, the Company has the ability to issue a further 4,870,634
Ordinary shares its block listing facility.
Following this transaction the Company hereby notifies the market that it has
in issue 40,394,769 Ordinary shares of 25p each all with voting rights. No
shares were held in treasury at the date of announcement.
The figure of 40,394,769 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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