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MTH - Mithras Investment Trust News Story

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Last Trade - 11/09/18

Sector
Financials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.24m
Position in Universe th / 1808

Mithras Inv.Trst PLC - Result of Tender Offer

Thu 11th June, 2015 10:33am
RNS Number : 8972P
Mithras Investment Trust PLC
11 June 2015

MITHRAS INVESTMENT TRUST PLC (the "Company")

Fourth Tender Offer

At a General Meeting of the Company heldtoday, thespecial resolutionauthorising the Company to buy back up to 3,851,437 Shares in connection with its Fourth Tender Offer was passed.

A total of 18,122,437 Shares were validly tendered under the Fourth 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 1.01145730798519 per cent. of the excess shares tendered.

3,851,437 Shares will be repurchased by the Company under the Fourth Tender Offer and cancelled. This equates to 16.5% of the Company's Shares in issue at close of business on Tuesday, 9 June 2015 resulting in a total cost to the Company of approximately 6.1 million. Following the Fourth Tender Offer, the Company will have19,490,606 Shares in issue.

It is expected that cheques will be despatched and CREST payments made by Thursday, 18 June 2015 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 19 May 2015.

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

11 JUNE 2015


This information is provided by RNS
The company news service from the London Stock Exchange
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