leadf
logo-loader
RNS
viewWitan Investment Trust plc

Witan Inv Tst PLC - Transaction in Own Shares

RNS Number : 6738Y
Witan Investment Trust PLC
10 September 2020
 

WITAN INVESTMENT TRUST PLC

 

10 September 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 300,000 ordinary shares of 5p each of the Company was made today at a price of 187.55 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 177,256,149 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 823,098,851 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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSKKKBBABKDKCD

Quick facts: Witan Investment Trust plc

Price: -

Market: LSE
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

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 securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read