CT Global Managed Portfolio Trust PLC (LSE : CMPG) commences an Equity Buyback Plan for 7,563,000 Income shares and 5,587,200 Growth shares, representing 14.99% of the issued Income shares and 14.99% of the issued Growth shares, under the authorization approved on September 28, 2023.

CT Global Managed Portfolio Trust PLC (LSE : CMPG) commences share repurchases on October 11, 2023, under the program mandated by the shareholders in the Annual General Meeting held on September 28, 2023. As per the mandate, the company is authorized to repurchase up to 7,563,000 Income shares and 5,587,200 Growth shares, representing 14.99% of the issued Income shares and 14.99% of the issued Growth shares. The minimum price which may be paid for an Income share or Growth share will be £0.01.

The maximum price which may be paid for an Income share or Growth share will not be more than the higher of 5% above the average closing price on the London Stock Exchange of an Income share or Growth share over the five business days immediately preceding the date of purchase and the higher of the last independent trade and the highest current independent bid on the London Stock Exchange. Unless varied or revoked, the authority shall expire at the conclusion of the next Annual General Meeting or on December 28, 2024, whichever is the earlier.