The City of London Investment Trust Plc announced issue of equity shares

  • Dec 08, 2019 GMT
  • Team Kalkine
  • On 6th December 2019, the company announced the allotment of 325,000 ordinary shares of 25p each, fully paid under its block listing facility.
  • These shares were issued on 5th December 2019 for cash at a price of 415.0p per share.
  • The company also reported that the new voting rights now stood at 1 vote for every 15 ordinary shares held.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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