Transaction in Own Shares-Correction

RNS Number : 9597Q

Witan Investment Trust PLC

01 November 2021

 

1 November 2021

The following amendments have been made to the 'Transaction in Own Shares' announcement released on 29 October 2021 at 17.15 under RNS No 7961Q.

The number of ordinary shares of 5p each held by the Company in treasury should have been stated as 250,555,457 and not 250,660,406. The capital of the Company with full voting rights should have been stated as 749,799,543 ordinary shares of 5p each and not 749,694,594.

All other details remain unchanged.

The full amended text is shown below.

WITAN INVESTMENT TRUST PLC

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 2021 to make market purchases of the Company's own shares, a market purchase of 217,735 ordinary shares of 5p each of the Company was made on 29 October 2021 at a price of 248.79 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 250,555,457 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 749,799,543 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: [phone]

 

END

 

 

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