Re-issue of shares from treasury

RNS Number : 7710V

Witan Investment Trust PLC

30 October 2014

 



WITAN INVESTMENT TRUST PLC

30 October 2014

SALE OF THE COMPANY'S ORDINARY SHARES FROM TREASURY

Witan Investment Trust plc hereby gives notification that, pursuant to the authority granted at the Annual General Meeting of the Company held on 30 April 2014 to sell shares held by the Company as treasury shares up to an aggregate nominal value of £4,732,775, being 10% of the issued share capital of the Company, a total of 51,000 ordinary shares of 25p each of the Company has been sold today at a price of 719.25 pence per share, which was a small premium to the net asset value per share.

Following the sale of the above shares, the Company does not hold any ordinary shares in treasury and the total number of ordinary shares of 25p each that the Company has in issue is 189,311,000.

The capital of the Company with full voting rights is now 189,311,000 ordinary shares of 25p each.  On a poll, ordinary shareholders have one vote for every £1 in nominal value (i.e. four ordinary shares are required for one vote).  Therefore, the total number of voting rights is 47,327,750 (i.e. one vote for every four shares in issue) and this figure may be used as the denominator for calculations of interests in the Company's voting rights.

-ENDS-

For further information, please contact:

Andrew Bell

Chief Executive Officer

Witan Investment Trust plc

Telephone:  [phone]

 

END

 

 

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