Capital Gearing Trust P.l.c. sold 350,000 ordinary shares from its treasury at 527p per share on Tuesday, according to a filing with the London Stock Exchange.
The nominal value of each share remains 2.5p, with the newly issued shares ranking equally to existing ordinary shares. Following the transaction, the trust’s treasury holdings total 108,985,550 shares, while total ordinary shares in issue now amount to 265,802,630.
The company also noted that the total voting rights now stand at 156,817,080, which shareholders may use to assess whether they need to notify their interest under the Financial Conduct Authority’s Disclosure and Transparency Rules.
