tiprankstipranks
Company Announcements

Ashoka WhiteOak Expands Equity Base with New Share Issuance

Story Highlights
Ashoka WhiteOak Expands Equity Base with New Share Issuance

Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ) has provided an update.

Ashoka WhiteOak Emerging Markets Trust plc has issued 150,000 new ordinary shares at a price of 121.3 pence each, which is above the net asset value per share. This issuance, conducted through its block listing facility, increases the total number of shares with voting rights to 33,119,329, allowing shareholders to calculate their interest in compliance with the Financial Conduct Authority’s rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

YTD Price Performance: 0.42%

Average Trading Volume: 73,198

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £46.49M

For a thorough assessment of AWEM stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App