Issue of Equity
13 Juni 2007 - 1:35PM
UK Regulatory
RNS Number:2781Y
Utilico Investment Trust PLC
13 June 2007
For immediate release 13 June 2007
Utilico Investment Trust plc ("Utilico" or the "Company")
Redemption of CULS
Further to the announcement on the 30 April 2007 in relation to the redemption
of the 3.75% Subordinated Convertible Unsecured Loan Stock 2009 ("CULS"), the
Company announces that holders of #19,316,355 CULS have elected to convert their
CULS holdings into ordinary shares of 1.5625p each in the Company ("Ordinary
Shares"). On the basis of the rate of conversion of 0.75 Ordinary Shares for
every 100p nominal of CULS, 14,487,266 Ordinary Shares, which rank pari passu
with the existing Ordinary Shares in issue, have been allotted. Application has
been made for the Ordinary Shares arising on the conversion of the CULS to be
admitted to the Official List and to trading on the London Stock Exchange's main
market. It is expected that dealings will commence in the new Ordinary Shares at
8.00 a.m. on 15 June 2007.
Following the conversion, there are now a total of #104,024 CULS outstanding
which will be redeemed at the close of business on 18 June 2007.
This information is provided by RNS
The company news service from the London Stock Exchange
END
CONFXLFFDQBXBBZ
Utilico Investment Trust (LSE:UIL)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Utilico Investment Trust (LSE:UIL)
Historical Stock Chart
Von Mai 2023 bis Mai 2024
Echtzeit-Nachrichten über Utilico It (Londoner Börse): 0 Nachrichtenartikel
Weitere Utilico Invest Trust News-Artikel