B Ordinary Share Capitalisation Ratio
8 May 2015
Murray International Trust PLC
Capitalisation Issue of B Ordinary Shares
In accordance with the terms of the Articles of Association of the Company the Directors have resolved to make a bonus issue of B Ordinary shares which corresponds to the final dividend of 15.0p per Ordinary share announced on 9 March 2015.
On 15 May 2015 the Company will capitalise £3,923 being part of the sum standing at credit of the realised gains reserve and the Directors will issue 1.59331 new B Ordinary shares credited as fully paid for every 100 B Ordinary shares held at close of business on the record date of 7 April 2015 (resulting in the issue of 15,692 new B Ordinary shares based upon the 984,871 B Ordinary shares in issue on the record date).
Application is being made to the UK Listing Authority and the London Stock Exchange Plc for the 15,692 B Ordinary shares of 25p each ("Shares") to be admitted to the Official List. The B Ordinary Shares will rank pari passu with the existing B Ordinary shares and will be issued in respect of the capitalisation issue in lieu of the final dividend. Dealings are expected to commence in the new B Ordinary shares on 15 May 2015.
Definitive certificates in respect of the new B Ordinary shares arising from the capitalisation will be posted on 15 May 2015 to holders of B Ordinary shares on the record date.
This information is provided by RNS
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