Witan Investment Trust PLC Transaction in Own Shares
25 September 2024 - 6:21PM
RNS Regulatory News
RNS Number : 6905F
Witan Investment Trust PLC
25 September 2024
WITAN INVESTMENT TRUST PLC
25 September 2024
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 2024 to make
market purchases of the Company's own shares, a market purchase of
197,409 ordinary shares of 5p each of the Company was made today at
a price of 265.53 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 406,456,349 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 593,898,651 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
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