M&G Credit Trust Sells Shares at Premium

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

M&G Credit Income Investment Trust plc has successfully sold 50,000 ordinary shares from treasury at a price of 97.40 pence each, which were issued at a premium to the last published net asset value. Following the sale, the total number of Ordinary Shares in circulation is now 142,794,239, excluding the treasury-held shares. This financial move may interest shareholders and potential investors as it affects shareholding calculations and overall company valuation.

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