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Ashoka India Trust Issues New Ordinary Shares

Ashoka India Trust Issues New Ordinary Shares

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 issuance of 200,000 new ordinary shares at a price of 284.00 pence each, which were issued at a premium to their prevailing net asset value. This issuance brings the company’s total issued share capital to 160,782,397 Ordinary Shares with voting rights. The shares were issued under the company’s block listing facility and the move may influence shareholders’ notification requirements as per the Financial Conduct Authority’s rules.

For further insights into GB:AIE stock, check out TipRanks’ Stock Analysis page.

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