Source - RNS
RNS Number : 6037K
Ground Rents Income Fund PLC
22 September 2016
 

GROUND RENTS INCOME FUND PLC

 

EXERCISE OF WARRANTS

 

Ground Rents Income Fund plc has received warrant exercise notices and subscription monies in respect of 277,700 ordinary shares of 50 pence each (the "New Ordinary Shares").  The warrants have been exercised at a subscription price of £1.00 each.  The New Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.

 

Application has been made for the New Ordinary Shares to be admitted to the Official List of the Channel Islands Securities Exchange Authority and to trading on the SETSqx platform of the London Stock Exchange.  It is expected that admission will become effective, and that dealings in the New Ordinary Shares will commence, on 23 September 2016.

 

Following this allotment, the issued share capital and total voting rights of the Company will consist of 93,402,011 ordinary shares of 50 pence each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

 

 

Contacts:

Ground Rents Income Fund plc


Simon Wombwell (Director)

020 7499 6424



Brooks Macdonald Funds Limited


James Agar (Director)

020 7659 3454



N+1 Singer (Broker)


James Maxwell / Liz Yong

020 7496 3000



Tavistock (Media)


Jeremy Carey / James Whitmore

020 7920 3150



Appleby Securities (Channel Islands) Limited (Sponsor)


Kate Storey / Danielle Machon

01481 755600

 

 

 

END OF ANNOUNCEMENT

 


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