Mithras Investment Trust PLC Seventh Tender Offer (7798N)

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RNS Number : 7798N

Mithras Investment Trust PLC

11 August 2017

MITHRAS INVESTMENT TRUST PLC (the "Company")

Seventh Tender Offer

As highlighted in the Company's Interim Report and Financial Statements for the period ended 30 June 2017, the Board is pleased to announce that it is currently preparing for its seventh tender offer. It is expected to be for GBP9.0 million and should be completed, including obtaining approvals and receiving tender offer requests, before Friday 6 October 2017.

The seventh tender offer will be priced at net asset value less costs, which are expected to be in the region of 1-2% of net asset value. The seventh tender offer will be based on the 30 June 2017 net asset value. Shareholders will be able to elect to tender their proportionate entitlement under the tender offer and to apply for more than their proportionate entitlement, satisfaction of which will depend on other tender elections received. Documentation is expected to be sent to shareholders in early September 2017.

For further information contact:

Bernie Boylan

Mithras Capital Partners LLP

020 7872 5651

Neil Langford

Winterflood Investment Trusts

020 3100 0160

11 August 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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August 11, 2017 05:19 ET (09:19 GMT)