Witan Investment Trust PLC Transaction in Own Shares (6002X)
February 22 2017 - 12:14PM
UK Regulatory
TIDMWTAN
RNS Number : 6002X
Witan Investment Trust PLC
22 February 2017
WITAN INVESTMENT TRUST PLC
Legal Entity Identifier: 213800XMW68XFT6D1X59
22 February 2017
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 29,263 ordinary shares
of 25p each of the Company was made today at a price of 945.85
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
20,011,789 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
180,059,211 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 45,014,802 (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
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