Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.
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Ashoka India Equity Investment Trust Plc has issued 1,000,000 new ordinary shares at a premium, expanding its share capital to 147,457,445 shares with voting rights. This move by the company is set to adjust shareholder percentages and adheres to the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. The shares were priced at 260.70 pence each, reflecting confidence in the trust’s value and performance.
For further insights into GB:AIE stock, check out TipRanks’ Stock Analysis page.