BlackRock Throgmorton Trust PLC - London-based investment trust - Proposes raising of funds through placing of 3.3 million shares. Placing price is to be published on the day following the closing date of the placing, but will be set at a level equal to the trust's net asset value, including income.
Placing will be made to qualified investors through broker Stifel Nicolaus Europe Ltd. However did not disclose what the proceeds would go towards.
Current stock price: 694.00 pence
Year-to-date change: up 0.9%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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