MTH Mithras Inv.Tst

TIDMMTH

RNS Number : 4343D

Mithras Investment Trust PLC

26 April 2017

MITHRAS INVESTMENT TRUST PLC (the "Company")

Sixth Tender Offer

At a General Meeting of the Company held today, the special resolution authorising the Company to buy back up to 4,197,302 Shares in connection with its Sixth Tender Offer was passed.

A total of 14,228,143 Shares were validly tendered under the Sixth Tender Offer. As a result, the Basic Entitlement of all Shareholders, who validly tendered their Shares, will be accepted in full and excess tenders will be satisfied to the extent of approximately 4.27910488082 per cent. of the excess shares tendered.

4,197,302 Shares will be repurchased by the Company under the Sixth Tender Offer and cancelled. This equates to 29.5% of the Company's Shares in issue at close of business on Monday, 24 April 2017 resulting in a total cost to the Company of approximately GBP9.2 million. Following the Sixth Tender Offer, the Company will have 10,030,841 Shares in issue.

It is expected that cheques will be despatched and CREST payments made by Friday, 5 May 2017 to those Shareholders who validly tendered their Shares.

Terms used in this announcement shall, unless the context otherwise requires, have the same meaning given to them in the Circular dated 3 April 2017.

A copy of this resolution has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do.

For further information, please contact:

Bernie Boylan

Mithras Capital Partners LLP

Tel: 020 7872 5651

Joe Winkley / Neil Langford

Winterflood Investment Trusts

Tel: 020 3100 0301

26 APRIL 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

TENPGUUPCUPMGWQ

(END) Dow Jones Newswires

April 26, 2017 09:21 ET (13:21 GMT)

Mithras Inv.Tst (LSE:MTH)
Historical Stock Chart
From Apr 2024 to May 2024

Mithras Inv.Tst (LSE:MTH)
Historical Stock Chart
From May 2023 to May 2024