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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 350,000 new ordinary shares of one penny each under its block listing facility at a price of 156.4 pence per share, representing a premium to the prevailing net asset value per share. Following this issuance, the company’s total issued share capital now stands at 39,839,329 ordinary shares with voting rights, a figure that shareholders should use as the new denominator when assessing whether they must disclose holdings or changes in holdings 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 that provides investors with exposure to emerging markets through a portfolio of equities. The company operates in the asset management and investment trust sector, focusing on delivering capital growth by investing in a diversified range of emerging market companies for its shareholders.
Average Trading Volume: 51,753
Technical Sentiment Signal: Buy
Current Market Cap: £71.18M
For an in-depth examination of AWEM stock, go to TipRanks’ Overview page.