Transaction in Own Shares

RNS Number : 5597N

Mercantile Investment Trust(The)PLC

26 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 120,000 Ordinary shares at 1641.22 pence per share.

Following the transaction the Company holds 5,097,299 ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 89,351,919.

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

26 October 2016

For further information, please contact:

Juliet Dearlove

JPMorgan Funds Limited

020 7742 4000

 

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