Mid Wynd International Investment Trust Buys 15K Own Shares for Treasury

Mid Wynd International Investment Trust plc (MWIIT) has announced the purchase of 15,000 of its own Ordinary shares at a price of 735.29 pence per share. These shares will be held in Treasury, bringing the total number of MWIIT’s issued share capital to 66,381,114 Ordinary shares. This decision is in line with MWIIT’s strategy to optimize its capital structure and enhance shareholder value. Following the transaction, 11,498,798 shares will be held in Treasury. According to the FCA’s Disclosure Guidance and Transparency Rules, these shares should be excluded when assessing ownership and interest in the company. The relevant number of shares for notification requirements regarding changes in ownership is 54,882,316. MWIIT’s Company Secretary, Juniper Partners Limited, highlighted the company’s commitment to maximizing shareholder value and strategically managing its capital structure. The share repurchase demonstrates MWIIT’s financial strength and confidence in its future prospects. By reducing the number of outstanding shares, MWIIT aims to increase earnings per share and provide an attractive investment opportunity. This move aligns with MWIIT’s efforts to optimize its portfolio and improve financial performance. As an international investment trust, MWIIT continuously evaluates global market opportunities while considering risk management and shareholder value. The company aims to position itself for future growth and capitalize on market opportunities. For further inquiries, interested parties can contact MWIIT at 0131 378 0500.