tiprankstipranks
Company Announcements

M&G Credit Income Investment Trust Issues New Shares Amidst Strong Demand

Story Highlights
M&G Credit Income Investment Trust Issues New Shares Amidst Strong Demand

M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) has provided an announcement.

M&G Credit Income Investment Trust Plc announced the issuance of 1,500,000 new ordinary shares priced at 96.40 pence each to satisfy the ongoing demand for its shares. This issuance raises the total number of ordinary shares and voting rights to 149,595,771, providing shareholders with updated figures for calculating their interests under regulatory guidelines.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust Plc operates in the financial services industry, focusing on credit income opportunities. It offers investment trust products aimed at generating regular income for investors by investing in a diversified portfolio of credit instruments.

YTD Price Performance: -0.21%

Average Trading Volume: 302,787

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £142.8M

Find detailed analytics on MGCI stock on TipRanks’ Stock Analysis page.

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
1