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 500,000 of its ordinary shares at 272.99 pence per share on October 20, 2026, and is holding them in treasury (shares the company keeps itself rather than cancelling).

Key details

  • After the purchase, the company holds 326,433,989 ordinary shares in treasury.
  • The number of shares in issue, excluding treasury shares, is 618,058,191.
  • The company says it will only re-issue treasury shares at a premium to net asset value, meaning at a price above the per-share value of its underlying assets.

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

On 6ix: 6ix.com/news/transaction-in-own-shares-2040

THE MERCANTILE INVESTMENT TRUST PLC

(the 'Company')

REPURCHASE OF ORDINARY SHARES INTO TREASURY

Legal Entity Identifier: 549300BGX3CJIHLP2H42

The Company has today repurchased into Treasury 500,000 Ordinary shares at 272.99 pence per share.

Following the transaction, the Company holds 326,433,989 Ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 618,058,191.

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

20th 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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