M&G Credit Income Investment Trust Plc (GB:MGCI) has released an update.
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M&G Credit Income Investment Trust Plc has successfully sold 50,000 ordinary shares from its treasury at a premium, boosting the total number of shares in issue to over 143 million. The sale was conducted at a price of 95 pence per share, with the new shares fully paid and holding equal status to existing shares. This strategic move allows shareholders to reassess their interests under regulatory rules.
For further insights into GB:MGCI stock, check out TipRanks’ Stock Analysis page.