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Ashoka WhiteOak Expands Share Capital with New Equity Issuance

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Ashoka WhiteOak Expands Share Capital with New Equity Issuance

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The latest announcement is out from Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ).

Ashoka WhiteOak Emerging Markets Trust Plc has announced the issuance of 100,000 new ordinary shares at a price of 146.8 pence per share, which is above the current net asset value. This move increases the company’s total share capital to 38,814,329 shares, providing shareholders with updated figures for regulatory reporting under the Financial Conduct Authority’s rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

Ashoka WhiteOak Emerging Markets Trust Plc operates in the financial sector, focusing on investment and asset management services with a particular emphasis on emerging markets.

Average Trading Volume: 65,440

Technical Sentiment Signal: Buy

Current Market Cap: £65.35M

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

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