An announcement from M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) is now available.
M&G Credit Income Investment Trust Plc has successfully raised £6.3 million through a placing and WRAP retail offer, issuing over 6.6 million new ordinary shares at a slight premium to the last published NAV per share. The new shares are expected to be admitted to trading on the London Stock Exchange, enhancing the company’s capital base and potentially strengthening its market position.
More about M&G Credit Income Investment Trust Plc
M&G Credit Income Investment Trust Plc operates within the financial services industry, focusing on credit income investments. The company primarily offers investment opportunities in credit markets, aiming to provide income and capital growth for its shareholders.
YTD Price Performance: 1.54%
Average Trading Volume: 287,108
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £148M
See more insights into MGCI stock on TipRanks’ Stock Analysis page.