City Merchants High Yield Trust Limited
HEADLINE: Issue of Equity
The Board of City Merchants High Yield Trust Limited (the ‘Company’) announces that it has agreed today to issue and allot 150,000 ordinary shares of no par value in the Company at a price of 191.20p per share under its block listing facility. This allotment is to satisfy secondary market demand and is made under the annual authority granted by the Company’s shareholders for such allotments.
These shares rank pari passu with the existing shares in issue in all respects.
Following this issue the total number of ordinary shares in issue is 91,386,204, which should be used as the denominator for calculating interests in the Company.
Issued for and on behalf of City Merchants High Yield Trust Limited
R&H Fund Services (Jersey) Limited
Telephone: 01534 825323
29 September 2016