Your Basket
Your Basket
There are no funds in your basket. To add funds to your basket use the Green Plus Icon wherever you see it next to a fund.
Fund name
Aberdeen American Growth  
Fidelity American  
Schroder UK Mid 250  
M&G Recovery  
Jupiter Merlin UK Growth  
Close Basket Open basket




It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
Share   Print      RSS

City Natural Res Hgh (CYN)

City Natural Res Hgh

Issue of Equity - CULS conversion
RNS Number : 0329Q
City Natural Res High Yield Tst PLC
08 October 2013

8 October 2013


Issue of equity - CULS CONVERSION

The Company has issued 1,416 ordinary shares of 25p each in the capital of the Company (the "New Shares") in connection with the exercise of conversion rights by holders of a £5,351 nominal of the Company's 3.5 per cent. convertible unsecured loan stock 2018 ("CULS") with effect from 30 September 2013, conditional only on admission of the New Shares to listing in the premium segment of the Official List of the UK Listing Authority and to trading on the Main Market of the London Stock Exchange ("Admission"). 

Applications have been made to the UK Listing Authority and the London Stock Exchange for Admission and Admission is expected to become effective, and dealings in the New Shares are expected to commence, at 8.00 a.m. on 11 October 2013.  Following Admission, the New Shares will rank pari passu in all respects with the existing ordinary shares of 25p each in the capital of the Company ("Ordinary Shares"). 

On Admission, the Company's issued share capital will comprise 66,872,822 Ordinary Shares, none of which will be held in treasury.  Each ordinary share carries the right to one vote and, therefore, the total number of voting rights in the Company on Admission will be 66,872,822.  This figure may be used by shareholders and other investors as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

£39,940,775 nominal of CULS remains in issue.

For further information, please contact:

Martin Cassels

R&H Fund Services Limited

T: 0131 524 6140


This information is provided by RNS
The company news service from the London Stock Exchange
  • Stay connected with FE trustnet
  • Authorised and Regulated by the
    Financial Conduct Authority
  • © Trustnet Limited . All Rights Reserved.
  • Please read our Terms of Use / Disclaimer
    and Privacy and Cookie Policy.
  • Data supplied in conjunction with Thomson Financial Limited,
    London Stock Exchange Plc,