Search
Regulatory Story
Company Witan Investment Trust PLC
TIDM WTAN
Headline Transaction in Own Shares
Released 17:07 11-Nov-2019
Number 0304T17

RNS Number : 0304T
Witan Investment Trust PLC
11 November 2019
 

WITAN INVESTMENT TRUST PLC

 

11 November 2019

 

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 1 May 2019 to make market purchases of the Company's own shares, a market purchase of 25,102 ordinary shares of 5p each of the Company was made today at a price of 219.10 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 133,270,622 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 867,084,378 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
 
 
POSCKDDKOBDDPDD
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.