29th Jul 2015 17:16
LONDON (Alliance News) - Pacific Assets Trust PLC said Wednesday it issued 250,000 new shares at a price of 196.90 pence per share, which it said represented a 1.6% premium to with-income net asset value.
The stock closed up 0.2% at 197.48p Wednesday.
The trust said the new shares were issued to satisfy investor demand.
By Tom Waite; [email protected]; @thomaslwaite
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