REG - Octopus Renewables - Irrevocable Share Repurchase Programme

Octopus Renewables Infrastructure TrustAnnouncement

24/02/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250224:nRSX0863Ya&default-theme=true

RNS Number : 0863Y  Octopus Renewables Infra Trust PLC  24 February 2025

24 February 2025

 

LEI: 213800B81BFJKWM2JV13

 

Octopus Renewables Infrastructure Trust plc

 

("ORIT" or the "Company")

 

Irrevocable Share Repurchase Programme

 

At the Company's last annual general meeting on 19 June 2024 (the "AGM"), the
Company's shareholders granted the Company a general buy back authority of up
to 14.99% of the Company's issued ordinary share capital.

 

In preparation for the Company's upcoming results for the twelve months ended
31 December 2024 and associated closed period, the Company has appointed Peel
Hunt LLP to manage an irrevocable programme (the "Irrevocable Buy Back
Programme") to buy back ordinary shares within certain pre-set parameters. Any
ordinary shares purchased by the Company will be held in treasury. The
Irrevocable Buy Back Programme will commence today and will run until
publication of the Company's Annual Report and Accounts for the twelve months
ended 31 December 2024.

 

Any shares purchased in the Irrevocable Buy Back Programme will count towards
the Company's general buy back authority of 14.99% of the Company's issued
ordinary share capital, as approved at the Company's AGM.

 

The Company confirms that it currently has no inside information.

 

Enquiries:

 

 Octopus Energy Generation (Investment Manager)                   Via Burson Buchanan

 Chris Gaydon, David Bird

 Peel Hunt (Broker)                                               020 7418 8900

 Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)

 Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris (Sales)

 Burson Buchanan (Financial PR)                                   020 7466 5000

 Charles Ryland, George Beale

 Apex Listed Companies Services (UK) Limited (Company Secretary)  020 3327 9720

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCBLGDDDDDDGUB