Transaction in Own Shares

RNS Number : 8808M

Mercantile Investment Trust(The)PLC

18 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 874,500 Ordinary shares at 1666.80 pence per share.

Following the transaction the Company holds 3,509,288 ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 90,939,930.

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

18 October 2016

For further information, please contact:

Juliet Dearlove

JPMorgan Funds Limited

020 7742 4000

 

END

 

 

POSFFMFMAFMSEFS