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M&G Credit Income Investment Trust Plc Expands Share Issuance to Meet Demand
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M&G Credit Income Investment Trust Plc Expands Share Issuance to Meet Demand

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

M&G Credit Income Investment Trust Plc announced the issuance of 1,000,000 ordinary shares at a price of 96.60 pence each to meet ongoing demand. This move increases the total number of shares to 150,595,771, aligning with the company’s strategy to enhance investment opportunities while ensuring compliance with voting rights regulations.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust Plc is a company operating in the financial sector, focusing on providing investment opportunities through credit income strategies. It primarily issues ordinary shares to meet investor demand, emphasizing transparency and compliance with regulatory standards.

YTD Price Performance: 1.24%

Average Trading Volume: 331,207

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £146.3M

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

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