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| TIDM | MRC |
| Share Price | 279.04p-0.89% |
| Market Cap | £2.64bn |
On 5th February 2025, The Mercantile Investment Trust PLC purchased 259,962 Ordinary shares into Treasury at 242.78 pence per share. Following this transaction, the Company holds 198,878,428 Ordinary shares in Treasury, with 745,613,752 shares in issue less the total number of Treasury shares. The Company stated it will only re-issue shares held in Treasury at a premium to net asset value.
| Date | 5 Feb 2025 |
| Time | 17:03:25 |
| Category | Capital structure |
| ID | 0751W |
THE MERCANTILE INVESTMENT TRUST PLC
(the 'Company')
REPURCHASE OF ORDINARY SHARES INTO TREASURY
Legal Entity Identifier: 549300BGX3CJIHLP2H42
The Company has today purchased into Treasury 259,962 Ordinary shares at 242.78 pence per share.
Following the transaction, the Company holds 198,878,428 Ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 745,613,752
The Company will only re-issue shares held in Treasury at a premium to net asset value.
5th February 2025
For further information, please contact:
Divya Amin / Sachu Saji
JPMorgan Funds Limited
0800 20 40 20 (or +44 1268 44 44 70)