Mithras Investment Trust PLC Sixth Tender Offer (3715B)
April 03 2017 - 5:52AM
UK Regulatory
TIDMMTH
RNS Number : 3715B
Mithras Investment Trust PLC
03 April 2017
3 April 2017
Mithras Investment Trust plc ("the Company")
Sixth Tender Offer
The Company has today published a circular (the "Circular") to
Shareholders setting out details of the Sixth Tender Offer to
purchase up to 29.5 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 Monday, 24 April 2017) will be able to tender none, some
or all of their Shares within the limit of the Sixth 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 217.5581
pence. This is equal to approximately 99.0% of the unaudited NAV
per Share as at close of business on 31 December 2016 after
provision for the 2016 proposed dividend.
Expected Timetable:
2017
Closing Date - latest time and
date for receipt of Tender Forms 3:00 p.m. on Monday,
and settlement of TTE Instruction(s) 24 April
Record Date for Sixth Tender 6:00 p.m. on Monday,
Offer 24 April
Latest time and date for receipt
of Proxy Forms for 12:00 p.m. on Monday,
the General Meeting 24 April
12:00 p.m. on Wednesday,
Annual General Meeting 26 April
General Meeting immediately following
the Annual General Meeting on Wednesday, 26 April
Result of Sixth Tender Offer
announced by close of business
on Wednesday, 26 April
Completion of purchase of Shares
under the Sixth
Tender Offer Thursday, 27 April
CREST accounts credited with
Sixth Tender Offer consideration by Friday, 5 May
CREST Shares returned in respect
of unsold tendered shares by Friday, 5 May
Despatch of cheques for Sixth
Tender Offer, consideration in
respect of certificated Shares
sold under the Sixth Tender Offer by Friday, 5 May
Balance certificates issued in
respect of unsold tendered shares by Friday, 5 May
-------------------------------------- --------------------------
Terms used and not defined in this announcement bear the meaning
given to them in the Circular dated 3 April 2017.
A copy of the Circular has been submitted to the National
Storage Mechanism and will shortly be available for inspection at
www.morningstar.co.uk/uk/NSM
Enquires
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
END
CIRUGUGACUPMUBW
(END) Dow Jones Newswires
April 03, 2017 05:52 ET (09:52 GMT)
Mithras Inv.Tst (LSE:MTH)
Historical Stock Chart
From Aug 2024 to Sep 2024
Mithras Inv.Tst (LSE:MTH)
Historical Stock Chart
From Sep 2023 to Sep 2024