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Ashoka WhiteOak Emerging Markets Trust Issues New Equity

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Ashoka WhiteOak Emerging Markets Trust Issues New Equity

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An announcement from Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ) is now available.

Ashoka WhiteOak Emerging Markets Trust plc has announced the issuance of 165,000 new ordinary shares at a price of 147.1 pence per share, which is above the current net asset value. This issuance increases the company’s total share capital to 38,289,329 shares, all of which carry voting rights. The new share issuance is likely to impact shareholder calculations under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

Average Trading Volume: 49,954

Technical Sentiment Signal: Buy

Current Market Cap: £62.96M

For an in-depth examination of AWEM stock, go to TipRanks’ Overview page.

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