Europe/Asia/Emerging RE - Capital Offerings
Standard Life Investments allots ordinary shares November 03, 2009 1:47 PM ET By Muhammad Mustafa
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Standard Life Investments Property Income Trust Ltd. said Nov. 2 that it allotted 1 million ordinary shares of 1 pence each under its block-listing facility at a price of 55.25 pence per share. The shares rank pari passu with the existing shares in issue. The allotment would enable the company to issue a further 7,149,999 ordinary shares under its block-listing facility. As a result of the allotment, the company's total number of ordinary shares in issue stands at 107,250,000, and the total number of voting rights in the company is 107,250,000. |