M&G Credit Income Investment Trust plc IPO
This offer is now closed for applications through interactive investor
"We are pleased to have raised £100 million and would like to thank the investors that participated in the IPO for their support. M&G's heritage and scale in the private credit markets has created an exciting proposition for investors and the Board and I look forward to working with its highly experienced investment team."
David Simpson, Chairman, M&G Credit Income Investment Trust plc
9 November 2018
result of the issue
- M&G Credit Income Investment Trust plc has announced that it has successfully raised gross proceeds of £100 million from the Initial Placing, Offer for Subscription and Intermediaries Offer.
- Applications have been made for 100,000,001 Ordinary Shares to the premium segment of the Official List and trading on the London Stock Exchange's Main Market for listed securities.
- The Issue Price was set at 100 pence per Ordinary Share.
- Allocations have been met in full, meaning customers will receive 100% of the amount they applied for.
- Share allocations are being applied to accounts on Friday 9 November 2018 and confirmation will be sent once shares are showing on accounts.
offer period
- The Offer Period for the M&G Credit Income Investment Trust plc share offer closed at 11am on Wednesday 7 November 2018.
trading starts
- Admission and unconditional dealing in the Ordinary Shares is expected to commence at 8am on Wednesday 14 November 2018. There is no conditional dealing period.
- When admitted to trading, the new shares will be registered with SEDOL (Stock Exchange Daily Official List) number BFYYL32 and trade under the symbol "MGCI".
- If you buy or sell M&G Credit Income Investment Trust plc Ordinary Shares after admission the relevant share dealing rate will apply.
key information
| Issue price per share: | £1.00 |
| Minimum investment: | £1,000 (multiples of £1 thereafter) |
| Stock ticker: | MGCI |
| SEDOL: | BFYYL32 |
expected timetable
| Offer open: | 26 September 2018 |
| Offer close: | 7 November 2018 (11am) |
| Result announced: | 9 November 2018 |
| Unconditional dealing starts: | 14 November 2018 (8am) |
offer documents
Interactive Investor Services Limited uses the M&G Credit Income Investment Trust plc Prospectus in accordance with the Company's consent and the conditions set out in the M&G Credit Income Investment Trust plc Prospectus.
This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited. This website is an advertisement and not a Prospectus. Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Prospectus, including all the risks attached to investing in the Company before you apply.
"M&G Credit Income Investment Trust plc" and the M&G Credit Income Investment Trust plc logo are registered trademarks of M&G Limited. Reproduced by kind permission of M&G Limited. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of Exchange Court, Duncombe Street, Leeds, LS1 4AX, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.