International Biotechnology Trust plc (the "Company")
Transaction in own shares
The Company announces that on 1 September 2016 it made a market purchase of 75,000 of its own Ordinary shares of 25p each, representing 0.20% of the issued share capital (excluding treasury shares). The shares were bought at 491p per share and the Company intends to hold these shares in treasury. These shares will only be re-issued at discounts which are less than the discounts at which the shares were bought.
Following this purchase, there are 37,597,663 Ordinary shares in issue (excluding treasury shares) and 4,040,000 Ordinary shares held in treasury.
Susan Gledhill
For and on behalf of
BNP Paribas Secretarial Services Limited
Company Secretary
Telephone: 020 7410 5971
1 September 2016