THE BIOTECH GROWTH TRUST PLC 22 May 2013 Allotment of Ordinary Shares THE BIOTECH GROWTH TRUST PLC (the "Company") announces the allotment of 200,000 Ordinary shares of 25p each fully paid from its block listing authority. These shares were issued today at a price of 407.25 pence per share, which equates to a premium to the estimated net asset value at the time of transaction of 0.7%. The net asset value per Ordinary share at the close of business on 21 May 2013 was 402.12 pence per share. Following this issue, the Company has the ability to issue a further 930,000 Ordinary shares under its block listing facility. Following this transaction the Company hereby notifies the market that it has in issue 67,606,347 Ordinary shares of 25p each all with voting rights. No shares were held in treasury at the date of announcement. The figure of 67,606,347 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FSA's Disclosure and Transparency Rules. Enquiries: Mark Pope Frostrow Capital LLP Tel: 020 3 008 4913 END The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.
Date: Source: PR Newswire - TodWire