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MTH - Mithras Investment Trust News Story

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Last Trade - 11/09/18

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £3.24m
Position in Universe th / 1807

Mithras Inv.Trst PLC - Seventh Tender Offer

Mon 4th September, 2017 5:15pm
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:


Closing Date - latest time and date for receipt of Tender Forms and settlement of TTE Instruction(s)

3:00 p.m. on Wednesday, 27 September

Record Date for Seventh Tender Offer

6:00 p.m. on Wednesday, 27 September

Latest time and date for receipt of Proxy Forms for

the General Meeting

9:30 a.m. on Wednesday, 27 September

General Meeting

9.30 am on Friday, 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


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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