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Finsbury Growth & Income Trust PLC Announces Allotment Of Ordinary Shares

Tuesday, 8 Oct 2013 12:25pm EDT 

Finsbury Growth & Income Trust PLC announced that it has allotted from its blocklisting authority of June 17, 2013 50,000 new Ordinary shares of GBP0.25 each at a price of GBP4.70 per share; these shares rank pari passu with the existing Ordinary shares in issue. The issue price equates to a premium to the cum income net asset value per share at the time of the transaction of 0.7%, such premium including a placing commission of 0.2%. Following this issue, the Company has the ability to issue a further 2,977,881 ordinary shares under its block listing facility. As a result of this allotment, the total number of ordinary shares in issue now stands at 83,296,557 and the total number of voting rights in the Company is 83,296,557. There are no shares held in treasury. 

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