Pacific Horizon Investment Tst PLC Block Listing Application (9361T)
March 25 2019 - 12:33PM
UK Regulatory
TIDMPHI
RNS Number : 9361T
Pacific Horizon Investment Tst PLC
25 March 2019
Pacific Horizon Investment Trust PLC
Block Listing Application
The Board of Pacific Horizon Investment Trust PLC (the
"Company") announces that the Company has made an application to
the UK Listing Authority for a block listing of 4,497,728 ordinary
shares of 10p each ("Shares") to be admitted to the Official List
and to the London Stock Exchange for the Shares to be admitted to
trading on the premium segment of the Main Market.
The Company has an existing shareholder authority to issue up to
10 per cent. of the Company's issued share capital on a
non-pre-emptive basis which was obtained at the AGM in November
2018. The Board has determined that this authority may be utilised
to satisfy market demand by issuing new Shares at a small premium
to NAV. This policy is intended to ensure that the level of premium
at which the Shares trade does not reach excessive levels.
The block listing is expected to become effective at 8 a.m. on
27 March 2019. Any issue of new Shares will be notified by the
Company through a RIS announcement and the Company's website.
Baillie Gifford & Co Limited
Company Secretaries
25 March 2019
Legal Entity Identifier: VLGEI9B8R0REWKB0LN95
Regulated Information Classification: Acquisition or disposal of
the issuer's own shares.
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END
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