Issue of Equity

RNS Number : 5700T
Law Debenture Corp PLC
20 March 2023
 

The Law Debenture Corporation p.l.c.

8th Floor

100 Bishopsgate

London

EC2N 4AG

 

20 March 2023

 

Issue of Equity

 

On 20 March 2023 The Law Debenture Corporation p.l.c. (the "Corporation" ) issued 225,000 new ordinary shares of 5 pence each at a price of (1) £7.79 per share for 150,000 shares and (2) £7.82 per share for 75,000 shares under its block listing facility; these shares rank pari passu with the existing ordinary shares in issue. The issue price equates to a premium to the net asset value per share at the time of the relevant transactions. Following the issuances, the Corporation has the ability to admit a further 13,940,000 ordinary shares under its block listing facility.

 

As a result of the issuances, the total number of ordinary shares in issue now stands at 129,645,549 and the total number of voting rights in the Corporation is 129,645,549. There are no shares held in treasury.

 

The above figure of 129,645,549 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 Corporation under the FCA's Disclosure Guidance and Transparency Rules.

 

 

Law Debenture Corporate Services Limited

Company Secretary

 

Contact: Alison Skerritt, Tel: 020 7696 5233

 

 

The Law Debenture Corporation p.l.c. is registered in England, company registration number 30397. LEI number - 2138006E39QX7XV6PP21

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOESEEFMSEDSESD
UK 100

Latest directors dealings