Issue of Shares

TwentyFour Select Monthly Income Fund - Issue of Shares

PR Newswire

London, April 13

13 April 2021

TWENTYFOUR SELECT MONTHLY INCOME FUND LIMITED

(a non-cellular company limited by shares incorporated in the Island of Guernsey under the Companies (Guernsey) Law 2008, as amended, with registered number 57985 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission. Legal entity identifier: 549300P9Q5O2B3RDNF78)

Issue of Shares

TwentyFour Select Monthly Income Fund Limited (LSE: SMIF) is pleased to announce that, to satisfy market demand and to raise money for investment in accordance with the Company’s investment policy, 650,000 new ordinary shares of 1 pence each in the capital of the Company were issued today at a price of 0.9656 pence per share (the “New Shares”), raising £627,640.00 (before costs and expenses).

Application has been made for the New Shares to be admitted to trading on the Main Market of the London Stock Exchange. Admission is expected to become effective at 8 a.m. on 19 April 2021.

Following the issue, the Company’s issued share capital will comprise 186,488,518 ordinary shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Further information regarding the Company can be found at the Company's website www.twentyfourincomefund.com 

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