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Issue of Equity

5th Sep 2014 13:45

RNS Number : 9775Q
Japan Residential Inv. Co. Ltd
05 September 2014
 



5 September 2014

 

 

Japan Residential Investment Company Limited

(the "Company")

 

Issue of Equity

 

 

Japan Residential Investment Company Limited (AIM: JRIC) is a closed-ended Guernsey registered company established to make and hold investments in residential property in Japan. The Company, its subsidiaries and entities in which it has a beneficial interest are referred to collectively as the "Fund".

 

The Company announces, pursuant to the scrip dividend alternative offered in lieu of cash for the interim dividend for the six months ended 31 May 2014, that it has today issued 10,364 new ordinary shares of 10 pence each ("Ordinary Shares") in satisfaction of elections received.

 

Application has been made to the London Stock Exchange for the new Ordinary Shares, which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 8 September 2014. Following the issue of the 10,364 new Ordinary Shares, the issued ordinary share capital of the Company will comprise a total of 211,954,588 Ordinary Shares. No Ordinary Shares are held in treasury.

 

 

Enquiries

KK Halifax Management Limited

Manager

 

Edward Barrow

+65 6593 8904

KK Halifax Asset Management

Investment Adviser

 

Alec Menikoff

+81 (0)3 5563 8771

Smith & Williamson Corporate Finance Limited

Nominated Adviser

 

Azhic Basirov

David Jones

+44 (0)20 7131 4000

Jefferies Hoare Govett

Joint Broker

 

Sara Hale

Simon Hampton

+44 (0)20 7029 8000

Liberum Capital Limited

Joint Broker

 

Richard Bootle

+44 (0)20 3100 2222

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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