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Ashoka WhiteOak Expands Share Capital with New Equity Issue

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Ashoka WhiteOak Expands Share Capital with New Equity Issue

Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ) just unveiled an announcement.

Ashoka WhiteOak Emerging Markets Trust plc has announced the issuance of 125,000 new ordinary shares at a price of 122.6 pence per share, which is above the current net asset value per share. This issuance increases the company’s total share capital to 34,219,329 ordinary shares, impacting shareholders’ calculations for disclosure requirements under the Financial Conduct Authority’s rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

YTD Price Performance: 2.92%

Average Trading Volume: 44,999

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £48.28M

For detailed information about AWEM stock, go to TipRanks’ Stock Analysis page.

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