Redemption Price and Total Voting Rights

RNS Number : 3595N

Miton UK MicroCap Trust plc

08 May 2018

 

Miton UK MicroCap Trust plc (the "Company")

Redemption Price and Total Voting Rights

Further to the announcement by the Company on 4 April 2018 in respect of requests for 18,497,692 ordinary shares (representing 10.8% of the issued share capital) to be redeemed at the 30 April 2018 Redemption Point, all of these shares will be redeemed and cancelled by the Company.

The calculated Redemption Price is 68.98 pence, being the cum income net asset value at the close on 27 April 2018 in accordance with the Company's Articles of Association. All shareholders who validly applied to have shares redeemed will receive this Redemption Price per share. The net asset value, including current period revenue, at the close on 3 May 2018 was 69.70 pence.

It is expected that despatch of payments in respect of the valid redemption requests will be made on or around 15 May 2018. The 18,497,692 shares will be cancelled with effect from 15 May 2018.

Following this redemption, with effect from 15 May 2018 the issued share capital and voting rights of the Company will be as follows:                                                     

Class of Share	Total Number of Shares in circulation	Number of voting rights attached to each share	Voting rights of shares in circulation	Number of shares held in treasury (carrying no voting rights attached until issued)	Total number of shares in issue
Ordinary Shares of £0.001 each	152,653,822	1	152,653,822	0	152,653,822

The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in Miton UK MicroCap Trust plc under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Miton UK MicroCap Trust plc                                 Tel: [phone]

Gervais Williams

Martin Turner

David Barron  

Peel Hunt LLP          

Luke Simpson                                                             Tel: [phone]

8 May 2018

 

END

 

 

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