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Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ) just unveiled an announcement.
Ashoka WhiteOak Emerging Markets Trust plc has announced the issuance of 50,000 new ordinary shares, priced at 123.6 pence each, which is above the current net asset value per share. This issuance increases the company’s total share capital to 36,124,329 ordinary shares, all of which carry voting rights. The move is part of the company’s strategy to leverage its block listing facility, potentially impacting shareholder calculations under the Financial Conduct Authority’s rules.
More about Ashoka Whiteoak Emerging Markets Trust Plc
Average Trading Volume: 55,928
Technical Sentiment Signal: Buy
Current Market Cap: £51.19M
For a thorough assessment of AWEM stock, go to TipRanks’ Stock Analysis page.