Transaction in Own Shares

Summary by AI ^BETAClose X

The Mercantile Investment Trust PLC announced on 05 November 2025 that it repurchased 500,000 Ordinary shares into Treasury at 250.91 pence per share. Following this transaction, the Company now holds 245,865,839 Ordinary shares in Treasury, resulting in 698,626,341 shares in issue excluding Treasury holdings. This share buyback reduces the number of outstanding shares, a move that can positively impact earnings per share. The Company also stated its policy to only re-issue shares held in Treasury at a premium to net asset value, indicating a strategic approach to managing its share capital.

Disclaimer*

Mercantile Investment Trust(The)PLC

05 November 2025

THE MERCANTILE INVESTMENT TRUST PLC

(the 'Company')

REPURCHASE OF ORDINARY SHARES INTO TREASURY

Legal Entity Identifier: 549300BGX3CJIHLP2H42

The Company has today repurchased into Treasury 500,000 Ordinary shares at 250.91 pence per share.

Following the transaction, the Company holds 245,865,839 Ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 698,626,341.

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

5th November 2025

For further information, please contact:

Divya Amin / Sachu Saji

JPMorgan Funds Limited

0800 20 40 20 (or +44 1268 44 44 70)

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