Result of Issue
For immediate release on 21 April 2011
The Diverse Income Trust plc (the "Company")
21 April 2011
RESULT OF ISSUE, ADMISSION AND COMMENCEMENT OF DEALINGS
The Board is pleased to announce that further to the Placing and Offer for
Subscription by the Company, applications have been received under the Placing
for 93,224,600 Ordinary Shares and under the Offer for Subscription for
6,775,400 Ordinary Shares, at an issue price of 50p each, raising an aggregate
of £50,000,000 of gross proceeds for the Company.
It is expected that Admission will become effective and dealings will commence
on the Official List and on the Main Market of the London Stock Exchange at
8.00 a.m. on 28 April.
The ticker symbol for the Company's Ordinary Shares will be 'DIVI' (ISIN:
GB00B65TLW28).
For further information please contact:
MAM Funds plc
Gervais Williams Gervais.Williams@mamfundsplc.com +44 (0)78 1133 1824
Cenkos Securities plc
Chris Lunn clunn@cenkos.com +44 (0)20 7397 1912
Will Rogers wrogers@cenkos.com +44 (0)20 7397 1920
Dion Di Miceli ddimiceli@cenkos.com +44 (0)20 7397 1921
MHP Communications
Email: MAMFunds@mhpc.com
Gay Collins Gay.Collins@mhpc.com +44 (0)20 3128 8582
+44 (0)7798 626282
Laura Batty Laura.Batty@mhpc.com +44 (0)20 3128 8520
This communication is only being made by MAM Funds plc to persons who receive
it in the course of a business which involves the dissemination through a
publication of information concerning controlled activities as defined in the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. This
communication must not be provided to any other person otherwise than in
compliance with section 21 of the Financial Services and Markets Act 2000 (as
amended).
Recipients of this announcement are reminded that applications for shares in
The Diverse Income Trust plc may be made solely on the basis of the information
and opinions contained in the prospectus relating to The Diverse Income Trust
plc. Copies of the prospectus are available on request from MAM Funds plc.
No representation or warranty, express or implied, is made or given by or on
behalf of Cenkos, MAM Funds plc or The Diverse Income Trust plc or any of their
respective directors, partners, officers, employees, agents or advisers or any
other person (whether or not referred to in this announcement) as to the
accuracy, completeness or fairness of the information contained herein and no
responsibility or liability is accepted by any of them for any such information
or opinions.
No offer or invitation to subscribe for or acquire shares in The Diverse Income
Trust plc is being made by or in connection with this announcement.
Cenkos, which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting as sponsor, global coordinator and
bookrunner to The Diverse Income Trust plc in relation to Admission and will
not be responsible to any other person for providing the protections afforded
to clients of Cenkos or for advising any other person on the contents of this
announcement or any matter, transaction or arrangement referred to herein.
Latest directors dealings
- 1 minute ago British American Tobacco
- 18 minutes ago CC Japan Income & Growth Trust
- 39 minutes ago 3i Infrastructure
- 45 minutes ago QinetiQ Group
- 1 hour ago JPMorgan Emerging Markets Growth & Income plc