Witan Investment Trust PLC Transaction in Own Shares
April 05 2024 - 12:07PM
RNS Regulatory News
RNS Number : 5702J
Witan Investment Trust PLC
05 April 2024
WITAN INVESTMENT TRUST PLC
5 April 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 4 May 2023 to make market
purchases of the Company's own shares, a market purchase of 352,259
ordinary shares of 5p each of the Company was made today at a price
of 246.77 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 388,444,848 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 611,910,152 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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