9th Aug 2006 16:19
Close High Income Properties PLC09 August 2006 Close High Income Properties PLC Allots a further 1,699,641 Shares The Board of Directors of Close High Income Properties PLC is pleased toannounce that a further 1,699,641 'D' Shares are being allotted to investorsunder the authority of the Board of Directors of the Company to issue sharesunder the Company's Articles of Association. These 'D' Shares are being issuedat a price of 100p per 'D' Share. The latest published net asset value of a 'D'Share was 89.34p at the close of business on 30 June 2006. This takes the 'D'shares allotted to date to 26,268,589 Shares. These 1,699,641 'D' Shares have been allotted and are expected to be admitted tothe Official List and dealings to commence on the London Stock Exchange's marketfor listed securities on 10 August 2006. These 'D' Shares rank para passu in all respects with the existing issued 'D'Shares save that they will only be eligible on a pro rata basis for theCompany's third interim dividend for the period to 30 September 2006 to beannounced and paid in October 2006. Until such time, these 'D' Shares will tradeas a separate line of stock under ISIN code GB00B19HQ884. The proceeds of the further issue will be invested in the UK commercial propertyin accordance with the Company's existing investment strategy. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IMPT.L