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Ashoka WhiteOak Emerging Markets Trust Raises Capital Through Premium Share Issue

Story Highlights
  • Ashoka WhiteOak Emerging Markets Trust issued 225,000 new shares at a premium price.
  • Total voting share capital increases to 39,439,329, updating FCA disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashoka WhiteOak Emerging Markets Trust Raises Capital Through Premium Share Issue

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An update from Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ) is now available.

Ashoka WhiteOak Emerging Markets Trust plc has issued 225,000 new ordinary shares of one penny each under its block listing facility at 158.7 pence per share, a price set at a premium to the prevailing net asset value, signalling continued investor demand and confidence in the trust. Following this issuance, the company’s total share capital with voting rights rises to 39,439,329 ordinary shares, a new reference figure for shareholders monitoring disclosure thresholds under the Financial Conduct Authority’s transparency rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

Ashoka WhiteOak Emerging Markets Trust plc is a listed investment trust focused on investing in emerging markets equities, providing shareholders with diversified exposure to high-growth economies through an actively managed portfolio of ordinary shares.

Average Trading Volume: 49,916

Technical Sentiment Signal: Buy

Current Market Cap: £69.2M

For detailed information about AWEM stock, go to TipRanks’ Stock Analysis page.

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