Mercantile Investment Trust Provides Gearing Update
Why we think this is neutral
This RNS announcement from Mercantile Investment Trust provides an update on the company's gearing ratio, which is a routine disclosure and does not contain any significant news that would impact the company's performance or outlook.
Key Points
- Mercantile Investment Trust announces indicative gearing ratio of 14.9% as of 11-Apr-2025
Summary
The investment trust has announced its indicative gearing ratio as of a recent date.
Mercantile Investment Trust has provided an update on its indicative gearing ratio as of a recent date. The company's gearing ratio, which measures the level of debt relative to its assets, stands at 14.9% as of the specified date. This information is routinely disclosed by the trust as part of its ongoing reporting.
GENERAL UPDATE