Transaction in Own Debt - Rep

RNS Number : 4165O

Witan Investment Trust PLC

05 March 2009

 



The issuer advises that the following replaces the Announcement released on Thursday 5 March 2009 at 15:13 under RNS 3979O.

The headline for the previous announcement was incorrect: it referred to shares rather than to debt.

All other details remain unchanged, including the full text of the announcement, as below.

WITAN INVESTMENT TRUST PLC

5 March 2009

WITAN INVESTMENT TRUST PLC

Market Purchase by the Company of its own 2016 Debentures and 2025 Bonds 

Witan Investment Trust plc announces that on 4 March 2009 it purchased for cancellation £1,190,000 of its 8½ per cent Debenture Stock 2016 ('2016 Debentures') at 127.25 pence per £1 nominal, exclusive of accrued interest, and £28,810,000 of its 6.125 per cent Secured Bonds due 2025 ('2025 Bonds') at 105.427 pence per £1 nominal, exclusive of accrued interest.

Following the purchase and cancellation of the above 2016 Debentures and 2025 Bonds, there will remain in issue £44,589,050 of the 2016 Debentures and £64,290,000 of the 2025 Bonds.

- ENDS -

For further information, please contact:

Robert Clarke

Chief Executive Officer

Witan Investment Trust plc

Telephone: [phone]

Tim Waters

JP Morgan Cazenove

Telephone: [phone]

 

END

 

 

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