Mid Wynd International Investment Trust Seeks Share Buyback Authority Renewal

Mid Wynd International Investment Trust PLC is requesting shareholders to renew its authority to repurchase its own ordinary shares. The board views this as a necessary step to ensure the continued effective operation of the company's discount control mechanism (DCM).

The trust's policy, under typical market conditions, involves issuing and repurchasing shares. The objective is to keep the share price within a 2% range of its net asset value per share. This strategy aims to manage the trust's market valuation relative to its underlying assets.

Further details regarding the proposed renewal were expected to be discussed at the company's general meeting. The outcome of this vote will determine the trust's ability to continue its share buyback activities in line with its stated price management policy.