Capital Gearing Trust PLC

Capital Gearing Trust has sold 350,000 ordinary shares from its treasury at a price of 527.00 pence per share. The shares rank equally with the existing ordinary shares; nominal value per share 2.5 pence. After the transaction the company holds 108,985,550 ordinary shares in treasury, the total number of issued ordinary shares is 265,802,630 and the total number of voting rights is 156,817,080, which shareholders should use as the denominator for notification obligations under the FCA rules. The announcement was submitted to the London Stock Exchange. » More on de.investing.com

Capital Gearing Trust has sold 25,000 ordinary shares from its own holdings at a price of 528.50 pence per share. After the transaction the company holds 109,335,550 own ordinary shares out of a total of 265,802,630 issued ordinary shares. The total number of voting rights is 156,467,080; this figure can be used as the denominator for FCA notification requirements. » More on de.investing.com

Capital Gearing Trust will put a 10:1 share split to shareholders for approval at the annual general meeting on 8 July 2026, under which each ordinary share of 25 pence would be split into ten shares of 2.5 pence each. The split is intended to support savers using investment plans, dividend reinvestors and retail investors; it requires shareholder approval and admission of the new shares to listing and trading. If approved, 22 July 2026 would be the last trading day for the existing shares (record date 18:00) and trading in the new shares would be expected to begin on 23 July 2026; net asset value, price and dividend per share would be proportionately reduced to one tenth, while the total value of holdings remains unchanged. » More on de.investing.com