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Ashoka WhiteOak Expands Share Capital with New Equity Issue

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Ashoka WhiteOak Expands Share Capital with New Equity Issue

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

Ashoka WhiteOak Emerging Markets Trust plc operates in the financial sector, focusing on investment opportunities within emerging markets. The company has announced the issuance of 125,000 new ordinary shares at a premium price, which will increase its total share capital to 38,464,329 shares. This move is likely to enhance the company’s capital base and potentially improve its market positioning by attracting more investors.

More about Ashoka Whiteoak Emerging Markets Trust Plc

Average Trading Volume: 57,075

Technical Sentiment Signal: Buy

Current Market Cap: £64.58M

Learn more about AWEM stock on TipRanks’ Stock Analysis page.

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