The Investment Company plc Share Offer
This offer is now closed for applications through interactive investor
Result of the Issue
- The Issue Price has been set at 348.38Â pence per Ordinary Share.
- The Investment Company plc (INV) has received total commitments of approximately £3.6 million pursuant to the Placing, Offer for Subscription and Intermediaries Offer.
- Applications have been made for 812,829 new Ordinary Shares to be admitted to trading on the London Stock Exchange's main market.
- Allocations have been met in full, meaning customers will receive 100% of the amount they applied for rounded down to the nearest whole share.
- Share allocations and uninvested cash are being credited today (Wednesday 19 July 2023). Confirmation of allocations will be sent once the shares and refunds are showing on accounts.
- Please note the allocation policy was set by INVÂ and not Interactive Investor.
Offer period
- The Offer Period for The Investment Company plc Share Offer closed at 11am on Friday 14 July 2023.
Trading starts
- Admission and unconditional dealing in the new Ordinary Shares is expected to commence at 8am on Wednesday 26 July 2023. There is no conditional dealing period.
- When admitted to trading, the new Ordinary Shares will be registered with SEDOL (Stock Exchange Daily Official List) number 0465825 and trade under the symbol "INV".
- If you buy or sell The Investment Company plc Shares after admission the relevant share dealing rate will apply.
Key information
| Issue price per share: | 348.38 pence |
| Minimum investment: | £1,000 (multiples of £100 thereafter) |
| Stock ticker: | INV |
| SEDOL: | 0465825 |
Expected timetable
| Offer open: | 9 June 2023 |
| Offer close: | 14Â July 2023Â (11am) |
| Results announced: | 17 July 2023 |
| Calculation Date: | 18 July 2023 |
| Issue Price announced: | 19 July 2023 |
| Unconditional dealing starts: | 26 July 2023 (8am) |
Times and dates specified are indicative only and may be subject to change without notice.
Offer documents
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 Intermediaries Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.
Interactive Investor Services Limited uses The Investment Company plc Prospectus in accordance with the Company's consent and the conditions set out in The Investment Company plc Prospectus.
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 Offer documents, including all the risks attached to investing in the Company before you apply.
"The Investment Company plc" and The Investment Company plc logo are reproduced by kind permission of The Investment Company plc. 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 201 Deansgate, Manchester, M3Â 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.