Company The Mercantile Investment Trust plc

Equities

MRC

GB00BF4JDH58

Investment Trusts

Market Closed - London S.E. 11:35:11 2024-04-29 am EDT 5-day change 1st Jan Change
227.5 GBX +1.34% Intraday chart for The Mercantile Investment Trust plc +2.94% +2.71%

Business Summary

The Mercantile Investment Trust PLC is a United Kingdom-based investment trust company. The Company's objective is to achieve long term capital growth from a portfolio of United Kingdom medium and smaller companies. The Company's investment policy includes to emphasize capital growth from medium and smaller companies; to achieve long term dividend growth at least in line with inflation; to use long term gearing to increase potential returns to shareholders, and to invest no more than 15% of gross assets in other United Kingdom listed closed-ended investment funds (including investment trusts). The Company's investment includes sectors, such as industrials, financials, technology, telecommunications, health care, basic materials, consumer discretionary, consumer staples, energy, real estate, and utilities. The Company's Alternative Investment Fund Manager is JPMorgan Funds Limited.

Sales per Business

GBP in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
146 100.0 % 22 100.0 % -84.98%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
100.0 %
146 100.0 % 22 100.0 % -84.98%

Managers

Managers TitleAgeSince
Chief Investment Officer - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 57 18-06-30
Director/Board Member 56 21-05-31
Director/Board Member 59 14-04-30
Director/Board Member 50 21-05-31
Director/Board Member 51 18-06-30
Chairman 60 15-09-22
Director/Board Member - 22-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 938,543,928 763,049,583 ( 81.30 %) 162,435,615 ( 17.31 %) 81.30 %

Shareholders

NameEquities%Valuation
Rathbones Investment Management Ltd.
13.11 %
101,950,594 13.11 % 295 M p
Brewin Dolphin Ltd.
10.95 %
85,169,729 10.95 % 246 M p
Quilter Cheviot Ltd.
6.239 %
48,509,780 6.239 % 140 M p
J. M. Finn & Co. Ltd.
4.596 %
35,740,000 4.596 % 103 M p
Close Asset Management Ltd.
1.748 %
13,593,000 1.748 % 39 M p
BlackRock Investment Management (UK) Ltd.
1.411 %
10,971,000 1.411 % 32 M p
Hargreaves Lansdown Asset Management Ltd.
1.255 %
9,758,000 1.255 % 28 M p
Allspring Global Investments LLC
0.9905 %
7,702,000 0.9905 % 22 M p
Legal & General Investment Management Ltd.
0.9225 %
7,173,000 0.9225 % 21 M p
Lazard Asset Management LLC
0.9198 %
7,152,000 0.9198 % 21 M p

Company contact information

The Mercantile Investment Trust Plc

60 Victoria Embankment

EC4Y 0JP, London

+44 207 742 6000

http://mercantileit.co.uk
address The Mercantile Investment Trust plc(MRC)
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