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Ashoka WhiteOak Expands Equity with New Share Issuance

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Ashoka WhiteOak Expands Equity with New Share Issuance

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Ashoka Whiteoak Emerging Markets Trust Plc ( (GB:AWEM) ) has provided an update.

Ashoka WhiteOak Emerging Markets Trust plc has issued 225,000 new ordinary shares at a price of 144.4 pence each, which is above the current net asset value per share. This issuance increases the company’s total share capital to 37,999,329 ordinary shares, impacting shareholder calculations under the Financial Conduct Authority’s rules.

More about Ashoka Whiteoak Emerging Markets Trust Plc

Ashoka WhiteOak Emerging Markets Trust plc operates in the financial sector, focusing on investment management with a particular emphasis on emerging markets. The company provides investment opportunities through its equity offerings, targeting growth in emerging market economies.

Average Trading Volume: 49,389

Technical Sentiment Signal: Buy

Current Market Cap: £62.02M

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

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