Ashoka India Equity Trust Issues New Shares

Ashoka India Equity Investment Trust Plc (GB:AIE) has released an update.

Ashoka India Equity Investment Trust Plc has announced the issuance of 150,000 new ordinary shares at a price of 287.70 pence each, which is a premium over the current net asset value. This move increases the company’s issued share capital to 161,132,397 Ordinary Shares, all with voting rights. The issuance utilizes the company’s block listing facility and is significant for shareholders monitoring changes in their stake due to the Financial Conduct Authority’s rules.

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