26th May 2016 16:10
LONDON (Alliance News) - TwentyFour Income Fund Ltd on Thurday said it issued 4.1 million shares at a price of 108.56 pence per share on Thursday, raising around GBP4.4 million.
The closed-ended investment fund said the shares were issued to satisfy market demand and to raise money for investments.
Its issued share capital comprises of 329.1 million shares, following the transaction.
Shares in TwentyFour Income closed up 0.5% at 109.25p on Thursday.
By Hannah Boland; [email protected]; @Hannaheboland
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