M&G Credit Income Investment Trust plc (MGCI) has announced the issue of 250,000 ordinary shares at a price of 90.20 pence per share, effective 9 November 2026, under its existing block listing facility. The shares were issued for cash to meet ongoing investor demand for the trust's ordinary shares. Following the transaction, the total number of ordinary shares in issue rises to 213,466,321, with an equivalent number of voting rights. Investors in the closed-ended credit-focused trust will note the update is relevant for calculating notifiable interests under FCA Disclosure Guidance and Transparency Rules.

Key Points

  • M&G Credit Income Investment Trust plc (MGCI)
  • MGCI issued 250,000 ordinary shares of one penny each at 90.20 pence per share on 9 November 2026 under its block listing facility
  • Total shares in issue now stand at 213,466,321, with no shares held in Treasury; new shares rank pari passu with existing ordinary shares
  • Investors should monitor further block listing issuances and any change in demand signals implied by continued equity issuance activity

MGCI Issues 250,000 Shares at 90.20p to Satisfy Ongoing Market Demand

M&G Credit Income Investment Trust plc confirmed on 9 November 2026 that it issued 250,000 ordinary shares of one penny each at a price of 90.20 pence per ordinary share. The issue was made under the company's existing block listing facility and was conducted for cash. The trust stated the purpose of the issuance was to meet ongoing demand for its ordinary shares, suggesting continued secondary market interest. The new shares are credited as fully paid and carry the same rights as existing ordinary shares, ranking pari passu in all respects. No shares are currently held in Treasury.

Total MGCI Shares in Issue Reach 213,466,321 Following November Allotment

Following the latest allotment, the total number of M&G Credit Income Investment Trust ordinary shares in issue stands at 213,466,321, which also equals the total number of voting rights in the company. The announcement confirms there are no ordinary shares held in Treasury. The company notes this figure serves as the denominator shareholders should use when determining whether they are required to disclose an interest, or a change in interest, under the FCA's Disclosure Guidance and Transparency Rules — a standard regulatory obligation for listed investment trusts following equity issuance.

M&G Credit Income Investment Trust's Closed-Ended Structure and Block Listing Mechanism

M&G Credit Income Investment Trust is a closed-ended investment company listed in London and focused on credit income strategies. The use of a block listing facility allows the trust to issue new shares in tranches to satisfy market demand without requiring a full prospectus for each individual allotment, a common mechanism among UK investment trusts seeking to manage premiums and liquidity efficiently. The company secretary is MUFG Corporate Governance Limited, and Winterflood Investment Trusts acts in a broking capacity. Further information is available via the M&G investments website, as referenced in the announcement.

FCA Transparency Rules and Shareholder Notification Obligations Post-Issuance

As is standard practice following any equity issuance by a UK-listed investment trust, MGCI has reminded shareholders that the updated total of 213,466,321 ordinary shares should be used as the denominator for calculations under the FCA's Disclosure Guidance and Transparency Rules. Shareholders whose holdings cross relevant notification thresholds as a result of this change in total share capital may be required to submit updated disclosures to the company and the FCA. Investors monitoring their percentage holdings in MGCI should factor the revised share count into any such assessments following this allotment.