Witan Investment Trust PLC Transaction in Own Shares (9989K)
September 27 2016 - 12:12PM
UK Regulatory
TIDMWTAN
RNS Number : 9989K
Witan Investment Trust PLC
27 September 2016
WITAN INVESTMENT TRUST PLC
27 September 2016
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 28 April 2016 to make market purchases of the
Company's own shares, a market purchase of 25,000 ordinary shares
of 25p each of the Company was made today at a price of 830.61
pence per share. These shares will be held in treasury.
Following the purchase of the above shares, the number of
ordinary shares of 25p each held by the Company in treasury is
16,573,248 and the total number of ordinary shares of 25p each that
the Company has in issue, including shares held in treasury, is
200,071,000.
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
183,497,752 ordinary shares of 25p each. On a poll, ordinary
shareholders have one vote for every GBP1 in nominal value (i.e.
four ordinary shares are required for one vote). Therefore, the
total number of voting rights is 45,874,438 (i.e. one vote for
every four shares in issue) and this figure may be used as the
denominator for calculations of interests in the Company's voting
rights.
-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 company news service from the London Stock Exchange
END
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