Temple Bar Investment Trust plc (TMPL) has sold 935,000 ordinary shares from treasury at a price of 440.65 pence per share, as disclosed in a company announcement dated 11 November 2026. The transaction reduces the trust's treasury holding and increases the number of shares available for trading in the market. For investors, the sale updates the denominator figure used to calculate significant shareholding notification obligations under the FCA's Disclosure and Transparency Rules, making the update relevant to any shareholder monitoring their percentage interest in the trust.

Key Points

  • Temple Bar Investment Trust plc (TMPL) is a closed-ended UK investment trust managed by Redwheel, with Frostrow Capital LLP as company secretary and administrator
  • The trust sold 935,000 ordinary shares of 5p each from treasury at 440.65 pence per share on 11 November 2026
  • Following the transaction, 25,644,447 shares remain in treasury; total shares in issue including treasury shares stand at 334,363,825; voting rights total 308,719,378
  • Investors holding or approaching notifiable thresholds under FCA Disclosure and Transparency Rules should use 308,719,378 as the new denominator for their calculations

Temple Bar Sells 935,000 Ordinary Shares from Treasury at 440.65p Per Share

Temple Bar Investment Trust plc confirmed it sold a total of 935,000 ordinary shares of 5 pence each from its treasury on 11 November 2026, at a price of 440.65 pence per share. The announcement states that the re-issued shares rank pari passu with the existing ordinary shares already in issue, meaning they carry the same rights and entitlements as all other ordinary shares in the trust. Treasury share sales of this nature are a standard mechanism that investment trusts use to manage their share capital and can help address any discount between the trust's share price and its net asset value.

Post-Transaction Treasury and Voting Rights Figures for Temple Bar Investment Trust

Following the sale, the announcement confirms that Temple Bar holds 25,644,447 ordinary shares in treasury, while the total number of ordinary shares in issue — including those retained in treasury — stands at 334,363,825. The total number of voting rights in the company following the re-issue is 308,719,378. This voting rights figure is the operative number for shareholders seeking to determine whether they must disclose an interest or a change in interest under the FCA's Disclosure and Transparency Rules, and the announcement explicitly directs shareholders to use this denominator.

Redwheel and Frostrow Capital's Roles in Managing Temple Bar's Share Capital

Temple Bar Investment Trust is managed by Redwheel, the investment management firm, with Frostrow Capital LLP acting in an administrative capacity and named as the contact for further information alongside corporate broker Cavendish Securities plc and communications adviser Montfort Communications. The trust's structure as a closed-ended investment company means it does not continually issue or redeem shares in the way an open-ended fund does, making treasury share transactions a notable mechanism for adjusting the volume of shares in public circulation. Investors may wish to monitor future treasury activity for signals about how the board views the trust's rating.