GRIT Investment Trust PLC Conversion of Loan Notes and TVR (6660V)
06 Abril 2023 - 6:52AM
UK Regulatory
TIDMGRIT
RNS Number : 6660V
GRIT Investment Trust PLC
06 April 2023
GRIT INVESTMENT TRUST PLC
("GRIT" or the "Company")
Conversion of Loan Notes
GRIT has received conversion notices from noteholders converting
GBP75,035.95 convertible loan notes, issued in July 2021, at a
price of 2.5 pence ("CLNs"), into 3,001,438 Ordinary Shares ("CLN
Shares").
An application will be made for the 3,001,438 CLN Shares to be
admitted to the Official List of the UK Listing Authority by way of
a Premium Listing ("Admission") and it is expected that Admission
will become effective and that dealing in the CLN Shares will
commence on or around 8am on 13 April 2023. The CLN Shares will
rank pari passu with the existing ordinary shares of the
Company.
Following Admission, the Company will have 18,198,295 ordinary
shares of 0.025p each in issue, none of which are held in treasury.
Therefore, the total number of voting rights in the Company is
18,198,295.
The above figure of 18,198,295 may be used by shareholders in
the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
The Directors of the Company accept responsibility for the
contents of this announcement.
-ENDS-
For further information, please contact:
GRIT Investment Trust Plc
Martin Lampshire
Tel: +44 (0) 20 3198 2554
----------------------------
Peterhouse Capital Limited
Lucy Williams/Duncan Vasey
Tel: +44 (0)20 7469 0930
----------------------------
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END
CONSSSFFMEDSEIL
(END) Dow Jones Newswires
April 06, 2023 07:52 ET (11:52 GMT)
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