logo-loader
RNS
Witan Investment Trust plc

Witan Inv Tst PLC - Transaction in Own Shares

RNS Number : 9448T
Witan Investment Trust PLC
23 July 2020
 

WITAN INVESTMENT TRUST PLC

 

23 July 2020

 

Market Purchase by the Company of its own Ordinary Shares

 

Witan Investment Trust plc hereby gives notification that, pursuant to the authority granted at the Annual General Meeting of the Company held on 29 April 2020 to make market purchases of the Company's own shares, a market purchase of 294,948 ordinary shares of 5p each of the Company was made today at a price of 184.33 pence per share.  These shares will be held in treasury.

 

Following the purchase of the above shares, the number of ordinary shares of 5p each held by the Company in treasury is 159,451,592 and the total number of ordinary shares of 5p each that the Company has in issue, including shares held in treasury, is 1,000,355,000.

In line with the Company's published policy any re-sale of treasury shares will only take place at a premium to the prevailing net asset value per share at the time of issue and therefore the shares held in treasury do not give rise to a potential dilution to net asset value per share.

The capital of the Company with full voting rights is now 840,903,408 ordinary shares of 5p each and this figure may be used by shareholders as the denominator for calculations of interests in the Company's voting rights in accordance with the FCA's Disclosure Guidance and Transparency Rules.

 

-ENDS-

 

 

For further information please contact:

 

Andrew Bell

Chief Executive Officer

Witan Investment Trust plc

Tel: 020 7227 9770

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSKKNBQABKDOOB
NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read