RIT Capital Partners PLC Issue of Equity (0656X)
17 Dicembre 2019 - 8:00AM
UK Regulatory
TIDMRCP
RNS Number : 0656X
RIT Capital Partners PLC
17 December 2019
RIT CAPITAL PARTNERS PLC (LEI: P31Q1NLTW35JJGHA4667)
17 December 2019
ISSUE OF EQUITY
The Board of RIT Capital Partners plc (the "Company") announces
that 1,496,634 new ordinary shares (the "Shares") are being issued
as consideration for the Company's investment in the Technology
Investment Banking Advisory business of LionTree, a differentiated
global investment and merchant banking firm for companies in the
creative digital economy. The Shares are being issued at a premium
to the Company's net asset value and will rank pari passu with the
existing ordinary shares in issue, including for all dividends
declared after admission.
Application has been made to the Financial Conduct Authority and
to the London Stock Exchange for the admission of the Shares to the
Official List and to trading on the Main Market of the London Stock
Exchange. Admission and closing is expected to take place on or
around 20 December 2019.
ABOUT LIONTREE
LionTree is a differentiated global investment and merchant
banking firm for companies in the creative digital economy. Founded
in 2012, LionTree works across offices in New York, San Francisco,
London and Paris to serve clients on transactions around the globe.
The Firm leverages its unique insights and relationships across its
integrated product set: M&A Advisory, Capital Raising, IPO
Advisory, Merchant Banking, Institutional Investor Membership and
LT Growth. Across these focus areas the firm connects clients with
tailored ideas, actionable opportunities and resources that drive
results. Kindred, LionTree's digital media solutions company,
allows LionTree's network to stay up to date on LionTree's news and
announcements while connecting with the community of clients.
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contact rns@lseg.com or visit www.rns.com.
END
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