RIII Rights & Issues Investment Trust PLC Inc

Rights and Issues Investment Trust PLC: Sub-Division of Ordinary Shares

Rights and Issues Investment Trust PLC (RIII)
Rights and Issues Investment Trust PLC: Sub-Division of Ordinary Shares

15-March-2023 / 11:23 GMT/BST


Rights and Issues Investment Trust plc

(the "Company")

 

LEI:  2138002AWAM93Z6BP574

 

SUB-DIVISION OF ORDINARY SHARES

On 15 February 2023, the Company published its annual report setting out its intentions to undertake a sub-division of each existing ordinary share of 25 pence each (“Existing Ordinary Shares”) into 10 new ordinary shares of 2.5 pence each (“New Ordinary Shares”) (the “Share Split”).  Details of the Share Split are included in the annual results announcement issued to the market on 15 February 2023.

The Share Split is conditional on approval by shareholders at the Annual General Meeting to be held on 23 March 2023 and is also conditional on the New Ordinary Shares being admitted to the Official List of the Financial Conduct Authority (“FCA”) and to trading on the London Stock Exchange’s main market for listed securities.

The ticker for the New Ordinary Shares will remain the same as the ticker for the Existing Ordinary Shares (“RIII”).

The New Ordinary Shares will have a new ISIN and SEDOL, as follows:

ISIN: GB00BN91MJ77

SEDOL: BN91MJ7

 

Enquiries:

finnCap Limited

 

William Marle / George Dollemore – Corporate Finance 

+44 (0) 20 7220 0500

Mark Whitfeld / Pauline Tribe – Sales

+44 (0) 20 7220 0500

 

 

Link Group

+44 (0) 371 664 0321

 

 

 

 

Maitland Administration Services Limited

 

 

 

     

 


finnCap: Please could you let me know which contact to include as a representative(s) on the announcement. 



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: GB0007392078
Category Code: MSCM
TIDM: RIII
LEI Code: 2138002AWAM93Z6BP574
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 230132
EQS News ID: 1583329

 
End of Announcement EQS News Service

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EN
15/03/2023

Underlying

Reports on Rights & Issues Investment Trust PLC Inc

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We are now more than 12 months into Jupiter Asset Management’s tenure managing the Rights and Issues Investment Trust (RIII), following the retirement of Simon Knott, who was at the helm for 39 years. New managers Dan Nickols and Matt Cable have said they remain committed to the fund’s heritage, retaining the core principles of one of the UK’s oldest and most successful investment trusts over the long-term, while adding the benefits of Jupiter’s UK Small and Midcap investment team. Whilst the m...

Andrew Courtney ... (+2)
  • Andrew Courtney
  • James Carthew

Rights and Issues Investment Trust

We are now more than 12 months into Jupiter Asset Management’s tenure managing the Rights and Issues investment trust (RIII), following the retirement of Simon Knott, who was at the helm for 39 years. New managers Dan Nickols and Matt Cable remain committed to its heritage, retaining the core principles of one of the UK’s oldest and most successful investment trusts, while adding the benefits of Jupiter’s large and well-resourced UK Small and Midcap investment team. Whilst broader macro-volatil...

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Rights and Issues Investment Trust PLC (RIII) Rights and Issues Investment Trust PLC: Net Asset Value(s) 08-Nov-2023 / 11:22 GMT/BST       Rights and Issues Investment Trust Plc     The Company announces: Total Assets (including unaudited revenue reserves at 07/11/2023) of £117.82m Net Assets (including unaudited revenue reserves at 07/11/2023) of £117.82m       The Net Asset Value (NAV) at 07/11/2023 was:     Number of shares in issue: ...

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Rights and Issues Investment Trust PLC (RIII) Rights and Issues Investment Trust PLC: NAV-Net Asset Value(s) 07-Nov-2023 / 13:07 GMT/BST   Rights and Issues Investment Trust Plc     The Company announces: Total Assets (including unaudited revenue reserves at 06/11/2023) of £118.27m Net Assets (including unaudited revenue reserves at 06/11/2023) of £118.27m       The Net Asset Value (NAV) at 06/11/2023 was:     Number of shares in issue: Per Ord...

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Rights and Issues Investment Trust PLC (RIII) Rights and Issues Investment Trust PLC: NAV-Net Asset Value(s) 06-Nov-2023 / 12:26 GMT/BST   Rights and Issues Investment Trust Plc     The Company announces: Total Assets (including unaudited revenue reserves at 03/11/2023) of £118.41m Net Assets (including unaudited revenue reserves at 03/11/2023) of £118.41m       The Net Asset Value (NAV) at 03/11/2023 was:     Number of shares in issue: Per Ord...

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