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Ashoka WhiteOak Emerging Markets Trust Issues New Shares

Story Highlights
  • Ashoka WhiteOak Emerging Markets Trust issued 100,000 new shares at 134.0 pence each.
  • The issuance raises the company’s total share capital to 36,849,329 shares with voting rights.
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Ashoka WhiteOak Emerging Markets Trust Issues New Shares

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The latest update is out from Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ).

Ashoka WhiteOak Emerging Markets Trust plc has announced the issuance of 100,000 new ordinary shares at a price of 134.0 pence per share, which is above the current net asset value per share. This issuance increases the company’s total share capital to 36,849,329 ordinary shares, all of which have voting rights. This move may impact shareholder calculations regarding their interests in the company as per the Financial Conduct Authority’s rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

Average Trading Volume: 45,703

Technical Sentiment Signal: Buy

Current Market Cap: £56.36M

For detailed information about AWEM stock, go to TipRanks’ Stock Analysis page.

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