CT Global Managed Portfolio Trust PLC (LSE:CMPI) 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 5,634,000 Growth shares being approximately 14.99% of the issued Income shares and 14.99% of the issued Growth shares (excluding Income shares and Growth shares held in treasury). The minimum price which may be paid for an Income share or Growth share will be £0.06.

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. Any shares purchased under this authority will either be held in treasury or cancelled. This authority will expire at the conclusion of the Company's next Annual General Meeting or on December 28, 2024, whichever is the earlier, unless previously varied, revoked or renewed by the Company in general meeting.

As of May 31, 2023, the company had 50,455,503 Income shares and 38,847,949 Growth shares of which 0 Income shares and 815,000 Growth shares were held in treasury.