Manchester & London Publication of Prospectus
Manchester & London Investment Trust plc
Legal Entity Identifier: 213800HMBZXULR2EEO10
19 November 2020
Publication of a prospectus
Manchester & London Investment Trust plc (the "Company") has today published a
prospectus approved by the Financial Conduct Authority in relation to the issue
of up 40 million new ordinary shares in the capital of the Company (the "New
Shares") pursuant to a general Share Issuance Programme. The prospectus is
required to allow the Company to issue New Shares to meet market demand and
will be valid for 12 months from the date of publication.
It is intended that the New Shares will be issued only: (i) at, or at a premium
to, the prevailing NAV per Share at the time of the relevant issue, (ii) to
meet demand from investors; and (iii) when the Directors believe that it is in
the best interests of the Company and its Shareholders to do so.
A copy of the prospectus will shortly be available for inspection on the
Company's website at https://mlcapman.com/
manchester-london-investment-trust-plc/ and at the National Storage Mechanism
which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
M&L Capital Management Ltd email@example.com
(END) Dow Jones Newswires
November 19, 2020 07:59 ET (12:59 GMT)