The Merchants Trust PLC
22 October 2020
Share issuance authority
This announcement is made to highlight to the market that the Company has authority to issue shares at a premium to net asset value as announced and up to the amount specified in the relevant resolution set out in the in the Notice of Annual General Meeting and subsequently passed by shareholders at the Annual General Meeting on 23 June 2020. Any interest in such issuance should be coordinated through to JPMorgan Securities PLC. There can however be no certainty that the Company will issue shares pursuant to this authority.
This announcement is only intended for investment professionals, high net worth companies, partnerships, associations or trusts and investment personnel of any of the foregoing (each as defined within the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005) and any other persons to whom it may be communicated lawfully. No other person should act or rely on it.