An update from M&G Credit Income Investment Trust Plc ( (GB:MGCI) ) is now available.
M&G Credit Income Investment Trust Plc has announced the issue price for its new ordinary shares at 95.13 pence per share, which represents a 1.0% premium to the cum-income NAV per share as of 28 February 2025. The Placing and WRAP Retail Offer are set to close on 20 March 2025, with the results expected to be announced on 21 March 2025, potentially impacting the company’s market position and stakeholder interests.
More about M&G Credit Income Investment Trust Plc
M&G Credit Income Investment Trust Plc operates in the financial sector, focusing on providing credit income investment opportunities. The company primarily deals with investment trusts, offering products that aim to generate income through diversified credit investments.
YTD Price Performance: 0.70%
Average Trading Volume: 282,789
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £147.7M
For a thorough assessment of MGCI stock, go to TipRanks’ Stock Analysis page.