Mithras Investment Trust PLC Seventh Tender Offer (7839P)
05 September 2017 - 2:15AM
UK Regulatory
TIDMMTH
RNS Number : 7839P
Mithras Investment Trust PLC
04 September 2017
4 September 2017
Mithras Investment Trust plc ("the Company")
Seventh Tender Offer
The Company has today published a circular (the "Circular") to
Shareholders setting out details of the Seventh Tender Offer to
purchase up to 39.5 per cent. of the Shares in issue as part of the
Company's Realisation Strategy. Shareholders (other than certain
Overseas Shareholders) on the Register on the Record Date (being
6:00pm on Wednesday, 27 September 2017) will be able to tender
none, some or all of their Shares within the limit of the Seventh
Tender Offer.
Tenders in excess of a Shareholder's Basic Entitlement will only
be accepted to the extent that other Shareholders tender less than
their Basic Entitlement and will be satisfied on a pro rata basis
to the number of Shares tendered. The Tender Price is 223.7352
pence. This is equal to approximately 98.8% of the unaudited NAV
per Share as at close of business on 30 June 2017.
Expected Timetable:
2017
Closing Date - latest time and
date for receipt of Tender Forms 3:00 p.m. on Wednesday,
and settlement of TTE Instruction(s) 27 September
Record Date for Seventh Tender 6:00 p.m. on Wednesday,
Offer 27 September
Latest time and date for receipt
of Proxy Forms for 9:30 a.m. on Wednesday,
the General Meeting 27 September
9.30 am on Friday,
General Meeting 29 September
Result of Seventh Tender Offer
announced by close of business
on Friday, 29 September
Completion of purchase of Shares
under the Seventh
Tender Offer Monday, 2 October
CREST accounts credited with Seventh
Tender Offer consideration by Friday, 6 October
CREST Shares returned in respect
of unsold tendered shares by Friday, 6 October
Despatch of cheques for Seventh
Tender Offer, consideration in
respect of certificated Shares
sold under the Seventh Tender
Offer by Friday, 6 October
Balance certificates issued in
respect of unsold tendered shares by Friday, 6 October
-------------------------------------- ------------------------
Terms used and not defined in this announcement bear the meaning
given to them in the Circular dated 4 September 2017.
A copy of the Circular has been submitted to the National
Storage Mechanism and will shortly be available for inspection at
www.morningstar.co.uk/uk/NSM
Enquires
Bernie Boylan
Mithras Capital Partners LLP
Tel: 020 7872 5651
Joe Winkley / Neil Langford
Winterflood Investment Trusts
Tel: 020 3100 0160
This information is provided by RNS
The company news service from the London Stock Exchange
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