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M&G Credit Income Issues Shares, Expands Equity

M&G Credit Income Issues Shares, Expands Equity

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

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M&G Credit Income Investment Trust plc has announced the sale of 150,000 treasury shares at a price of 97.08 pence each, a move that expands the company’s total number of Ordinary Shares to 141,694,239, excluding treasury holdings. This equity issue, executed at a premium to the last net asset value, may influence shareholders’ notification requirements under financial regulations. Interested parties can find more information on the company’s website.

For further insights into GB:MGCI stock, check out TipRanks’ Stock Analysis page.

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