Issue of Equity
The Law Debenture Corporation p.l.c. has issued 25,000 new ordinary shares at £12.50 each, raising capital and increasing its total shares in issue to 133,946,079. This issuance, conducted under a block listing facility, was priced at a premium to the net asset value per share. The company retains the capacity to issue an additional 9,720,000 ordinary shares under the same facility, and the updated share count serves as the denominator for shareholder notification requirements under FCA rules.
Select text to share a quote on X · sign in to keep highlights & notes in your LWDB notes
100 Bishopsgate
London
EC2N 4AG
Issue of Equity
On 27 July 2026 The Law Debenture Corporation p.l.c. (the "Corporation") issued 25,000 new ordinary shares of 5 pence each at a price of £12.50 per share under its block listing facility; these shares rank pari passu with the existing ordinary shares in issue. The issue price equates to a premium to the net asset value per share at the time of the relevant transactions. Following the issuances, the Corporation has the ability to admit a further 9,720,000 ordinary shares under its block listing facility.
As a result of the issuances, the total number of ordinary shares in issue now stands at 133,946,079 and the total number of voting rights in the Corporation is 133,946,079. There are no shares held in treasury.
The above figure of 133,946,079 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Corporation under the FCA's Disclosure Guidance and Transparency Rules.
Law Debenture Corporate Services Limited
Company Secretary
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.