Mercantile Investment Trust PLCLSE: MRC

Mercantile Investment Trust: Transaction in Own Shares

· Issued by Mercantile Investment Trust PLC via RNS

Summary by 6ix AI

The Mercantile Investment Trust plc repurchased 272,453 of its ordinary shares at 274.76 pence per share on October 2, 2026 and placed them in treasury, meaning the company holds them rather than cancelling them.

Key details

  • After the purchase, the company holds 323,239,864 ordinary shares in treasury.
  • The number of shares in issue, not counting treasury shares, is 621,252,316.
  • The company says it will only re-issue treasury shares at a premium to net asset value, meaning at a price above the value of its underlying assets per share.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/transaction-in-own-shares-1260

THE MERCANTILE INVESTMENT TRUST PLC

(the 'Company')

REPURCHASE OF ORDINARY SHARES INTO TREASURY

Legal Entity Identifier: 549300BGX3CJIHLP2H42

The Company has today repurchased into Treasury 272,453 Ordinary shares at 274.76 pence per share.

Following the transaction, the Company holds 323,239,864 Ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 621,252,316.

The Company will only re-issue shares held in Treasury at a premium to net asset value.          

2nd October 2026    

For further information, please contact:

Sachu Saji

JPMorgan Funds Limited

0800 20 40 20 (or +44 1268 44 44 70)

Mercantile Investment Trust PLC on 6ix

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