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M&G Credit Income Investment Trust Increases Share Issuance to Meet Demand
Company Announcements

M&G Credit Income Investment Trust Increases Share Issuance to Meet Demand

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M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) has issued an announcement.

M&G Credit Income Investment Trust Plc has announced the issuance of 250,000 new ordinary shares at 96.25 pence per share, increasing its total number of shares to 147,595,771. This move is aimed at meeting the growing demand for the company’s shares and will maintain the existing voting rights structure, potentially enhancing the trust’s market position and investor relations.

More about M&G Credit Income Investment Trust Plc

M&G Credit Income Investment Trust Plc is an investment trust company focusing on generating income from credit investments. The company operates within the financial services industry, offering investment options to private investors and managing a diverse portfolio to meet ongoing demand for its shares.

YTD Price Performance: 0.0%

Average Trading Volume: 286,630

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £142.3M

Learn more about MGCI stock on TipRanks’ Stock Analysis page.

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