Murray International, the FTSE 250-listed independent trust, has issued 2.0m pounds-worth of shares through an issue of equity.
According to a statement issued by the trust on Monday, it issued 190,000 new ordinary shares of 25p each for a cash price of 1090.0789p per share under its ordinary share blocklisting facility.
The new shares will rank pari passu with the existing ordinary shares and dealings are expected to begin on January 30th 2013.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Following the share issue, the total number of voting rights in the company is 123m.
MF
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
