Witan Investment Trust PLC Transaction in Own Shares (9945U)
August 03 2020 - 11:22AM
UK Regulatory
TIDMWTAN
RNS Number : 9945U
Witan Investment Trust PLC
03 August 2020
WITAN INVESTMENT TRUST PLC
3 August 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 803,731 ordinary shares
of 5p each of the Company was made today at a price of 178.95 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
165,113,265 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
835,241,735 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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END
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