Allianz Technology Trust : Block listing Allotment of new shares
February 20, 2020 at 10:36 am EST
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Allianz Technology Trust PLC - ATT
Block listing Allotment of new shares
Released 15:29 20-Feb-2020
RNS Number : 6574D
Allianz Technology Trust PLC
20 February 2020
Allianz Technology Trust plc (the 'Company')
LEI: 549300OMDPMJU23SSH75
20 February 2020
In accordance with the block listing application announced on 26 September 2019, the Company has today issued a further 10,000 new ordinary shares of 25p each from the Company's general block listing facility at a price of 1992p per share. This represents a premium of 1.45% to the current net asset value. These shares are issued under the waiver of pre-emption rights authorised by shareholders at the Annual General Meeting on 22 May 2019 and rank pari passu with existing shares in issue.
Following this issue, the Company has the ability to issue 4,410,000 ordinary shares under its new block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 35,697,168.The company no longer holds any shares in treasury.
The above figure (35,697,168) 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 Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
Eleanor Emuss
Company Secretary
Tel: 020 3246 7405
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Allianz Technology Trust plc published this content on 20 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 February 2020 15:35:08 UTC
Allianz Technology Trust PLC is a United Kingdom-based investment trust. The Companyâs objective is to achieve long-term capital growth by investing principally in the equity securities of quoted technology companies on a worldwide basis. It invests in a diversified portfolio of companies that use technology in an innovative way to gain competitive advantage. The Company focuses on diversifying the portfolio across a range of technology sub-sectors. The Companyâs investment portfolio includes information technology, consumer discretionary, and cash. The Companyâs alternative investment fund manager is Allianz Global Investors UK Limited.