Update re Equity Issuance

RNS Number : 4314E
Pacific Horizon Investment Tst PLC
05 November 2020
 

PACIFIC HORIZON INVESTMENT TRUST PLC

Legal Entity Identifier: VLGEI9B8R0REWKB0LN95

 ("The Company")

Update re Equity Issuance

 

The Board of Pacific Horizon Investment Trust plc (the "Company") notes that, following the announcement earlier today, it has now exhausted its shareholder authority to issue new shares to meet demand at a premium to net asset value.  In response to sustained demand for the Company's shares, the Board is proposing to shareholders that they renew the requisite shareholder authority at the Annual General Meeting to be held on 10th November 2020 and in addition has initiated preparation of a prospectus to facilitate greater share issuance over the coming period.

 

Baillie Gifford & Co Limited

Company Secretaries

5 November 2020

 

Regulated Information Classification: Additional regulated information required to be disclosed under applicable law

 

 

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