M&G Credit Income Investment Trust plc (MGCI) has announced the issue of 200,000 new ordinary shares at 90.30 pence each, effective 11 November 2026, under its existing block listing facility. The shares were issued for cash to meet ongoing investor demand, bringing the trust's total ordinary shares in issue to 213,666,321. The equity issuance signals continued appetite for the trust's credit-focused investment strategy among retail and institutional investors.

Key Points

  • M&G Credit Income Investment Trust plc (MGCI)
  • MGCI issued 200,000 ordinary shares at 90.30 pence each on 11 November 2026 under its block listing facility
  • Total shares in issue following this transaction stand at 213,666,321, with no shares held in Treasury
  • Investors should watch whether further block listing issuances occur, indicating sustained demand for the trust's shares

MGCI Issues 200,000 Ordinary Shares at 90.30p Under Block Listing on 11 November 2026

M&G Credit Income Investment Trust plc confirmed in a regulatory announcement on 11 November 2026 that it issued 200,000 ordinary shares of one penny each at a price of 90.30 pence per share. The issuance was conducted under the company's existing block listing and was executed for cash to satisfy ongoing demand for the trust's ordinary shares. The new shares have been credited as fully paid and rank pari passu with the company's existing ordinary shares, meaning holders of the new shares carry identical rights to those of existing shareholders across dividends, voting, and capital distributions.

Total MGCI Shares in Issue Rise to 213,666,321 With No Treasury Shares Outstanding

Following the completion of this issuance, the total number of ordinary shares in issue at MGCI stands at 213,666,321, which also represents the total number of voting rights in the company. The announcement confirms there are no ordinary shares currently held in Treasury. Under the FCA's Disclosure Guidance and Transparency Rules, shareholders can use the figure of 213,666,321 as the denominator when calculating whether they are required to disclose a notifiable interest or a change to an existing interest in the company.

Block Listing Facility Enables MGCI to Respond Flexibly to Demand for Credit Income Exposure

M&G Credit Income Investment Trust is a closed-ended investment trust managed by M&G Investments, focusing on providing investors with income derived from a diversified portfolio of private and public credit assets. The use of a block listing facility allows the company to issue new shares efficiently to satisfy secondary market demand without seeking fresh shareholder approval for each individual issuance. The trust operates within the UK listed investment company sector and is accessible to private investors through the M&G platform. Winterflood Investment Trusts acts as the trust's broker, with MUFG Corporate Governance Limited serving as company secretary.

FCA Transparency Obligations Triggered by Updated MGCI Share Count

The updated share count of 213,666,321 is a material disclosure for existing and prospective shareholders, as it establishes the reference denominator required under FCA transparency rules. Any shareholder whose holding crosses a notifiable threshold relative to this updated total will be required to make the appropriate disclosure. Investors monitoring their proportional exposure to MGCI should review their positions against the revised total. The company did not disclose any change to its investment mandate, dividend policy, or net asset value in connection with this issuance.