Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.
Ashoka India Equity Investment Trust Plc has announced the issuance of 100,000 new ordinary shares at a price of 278.80 pence each, which were issued at a premium compared to the net asset value. The company’s total issued share capital now stands at 155,397,397 ordinary shares, all with voting rights. This share issuance may prompt shareholders to reassess their stake in the company in accordance with the Financial Conduct Authority’s regulations.
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