Mercantile Investment Trust PLCLSE: MRC

Mercantile Investment Trust: Transaction in Own Shares

· Issued by Mercantile Investment Trust PLC via RNS

Summary by 6ix AI

On October 30, 2026, The Mercantile Investment Trust PLC repurchased 500,000 ordinary shares at 276.16 pence per share and is holding them in treasury, meaning the company keeps the bought-back shares rather than cancelling them.

Key details

  • After the purchase, the company holds 330,427,366 ordinary shares in treasury.
  • Shares in issue, excluding treasury shares, total 614,064,814.
  • The company says it will only re-issue treasury shares at a premium to net asset value, meaning a price above the value of its net assets (assets minus liabilities) 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-2662

Mercantile Investment Trust(The)PLC
30 October 2026
 

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 276.16 pence per share.

Following the transaction, the Company holds 330,427,366 Ordinary shares in Treasury. The shares in issue less the total number of Treasury shares is 614,064,814.

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

30th October 2026    

For further information, please contact:

Sachu Saji

JPMorgan Funds Limited

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

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