Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.
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Ashoka India Equity Investment Trust Plc has announced the issue of 275,000 ordinary shares at 282.20 pence each, which are to be added to its current issued share capital, now totaling 159,932,397 shares with voting rights. The issue price represents a premium over the current net asset value. This development may impact shareholders’ notification requirements under the Financial Conduct Authority’s rules.
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