M&G Credit Income Investment Trust Announces Prospectus for Share Issuance

M&G Credit Income Investment Trust plc has published a prospectus related to its Share Issuance Programme. This initiative allows the company to issue up to 150 million new Ordinary Shares on a non-pre-emptive basis. The move seeks to ensure shares trade close to their Net Asset Value (NAV) under normal market conditions, in line with the company's Zero Discount Policy.

The Board aims to manage the share price premium, enhance secondary market liquidity, and improve cost efficiency by spreading fixed costs over a larger capital base. These measures aim to attract a broader range of investors and enhance company scale.

All shares will be issued at a minimum of the prevailing NAV plus a premium to cover issuance costs. The prospectus is available on the National Storage Mechanism and the company's website.