HgCapital Trust PLC Sub-Division of Shares (9673Z)
May 23 2019 - 2:58AM
UK Regulatory
TIDMHGT
RNS Number : 9673Z
HgCapital Trust PLC
23 May 2019
HgCapital Trust plc ("the Company")
Sub-Division of Shares
At the Company's Annual General Meeting, which was held on 23
April 2019, shareholders approved the sub-division of the Company's
Ordinary shares of 25 pence each (each an "Existing Ordinary
Share") into 10 Ordinary shares of 2.5 pence each (each a "New
Ordinary Share").
The last day of trading in the Existing Ordinary Shares will be
tomorrow, 24 May 2019, following which the sub-division will take
effect and it is expected that the New Ordinary Shares will be
admitted to trading on the main market of the London Stock Exchange
at 7.00 a.m. on 28 May 2019.
CREST accounts will be credited with New Ordinary Shares on 28
May 2019 and share certificates in respect of the New Ordinary
Shares are expected to be posted to shareholders in the week
commencing 3 June 2019.
The New Ordinary Shares will have a new ISIN and SEDOL, as
follows:
-- ISIN: GB00BJ0LT190
-- SEDOL: BJ0LT19
The ticker for the New Ordinary Shares will be the same as the
ticker for the Existing Ordinary Shares (HGT.L).
The New Ordinary Shares will rank pari passu with each other and
will be subject to the same rights and restrictions as the Existing
Ordinary Shares. A holding of New Ordinary Shares following the
sub-division will represent the same proportion of the issued
ordinary share capital of the Company as the corresponding holding
of Existing Ordinary Shares.
On the basis that there are currently 37,324,698 Existing
Ordinary Shares in issue, following completion of the sub-division,
there will be 373,246,980 New Ordinary Shares in issue. Therefore,
immediately following the sub-division of the Company's shares on
28 May 2019, the total number of voting rights in the Company will
be 373,246,980.
The above figure 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, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
23 May 2019
For further information, please contact:
Hg
Laura Dixon +44 (0)20 7089 7888
About HgCapital Trust plc
HgCapital Trust plc, whose shares are listed on the London Stock
Exchange (ticker: HGT.L) gives investors exposure to a portfolio of
high-growth private companies, through a liquid vehicle. New
investments and existing portfolio companies are managed by Hg, an
experienced and well-resourced private equity firm with a long-term
track record of delivering superior risk-adjusted returns for its
investors. For further details, please see
www.hgcapitaltrust.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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