A. Bergh Plans Premium Issue
Ashby Bergh and Company, Ltd, may make a cash ( issue of 100 c shares, at a premium of 50c, in the proportion of one share for every five held, the directors said in a message to the Stock 'Exchange Association yesterday. The proposed issue is contingent on shareholders approving an increase in the ( company’s capital, from 9280,000 to 8500,000. For this purpose an extraordinary general meeting will be called on March 24. If all necessary resolutions i were passed, shares will become ex rights on March 25. The shares were last traded at 350 c: buyers were offering 355 c on Thursday. At that I price level the theoretical . value of the rights would be i 171 c.
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Press, Volume CIX, Issue 32222, 14 February 1970, Page 16
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123A. Bergh Plans Premium Issue Press, Volume CIX, Issue 32222, 14 February 1970, Page 16
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