Transaction in Own Shares

RNS Number : 7946N
Mercantile Investment Trust(The)PLC
28 October 2016
 

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

 

 

THE MERCANTILE INVESTMENT TRUST PLC

 

 

REPURCHASE OF ORDINARY SHARES INTO TREASURY

 

 

The Mercantile Investment Trust plc (the 'Company') purchased into Treasury 50,000 Ordinary shares at 1631.25 pence per share.

 

Following the transaction the Company holds 5,147,299 ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 89,301,919.

 

The Company will only re-issue shares held in Treasury at a premium to net asset value.          

                   

 

28 October 2016

 

 

For further information, please contact:

 

Juliet Dearlove

JPMorgan Funds Limited

020 7742 4000

 

                       


This information is provided by RNS
The company news service from the London Stock Exchange
 
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