By LSE RNS
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:
|
2017 |
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 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
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