Issue of Equity

Summary by AI BETAClose X

The Law Debenture Corporation p.l.c. has issued 25,000 new ordinary shares at £12.50 each, raising capital and increasing its total shares in issue to 133,946,079. This issuance, conducted under a block listing facility, was priced at a premium to the net asset value per share. The company retains the capacity to issue an additional 9,720,000 ordinary shares under the same facility, and the updated share count serves as the denominator for shareholder notification requirements under FCA rules.

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