REG - Real Est Crd InvsLtd - Share Buyback Programme in a Closed Period

Real Estate Credit InvestmentsAnnouncement

25/10/2023 07:00

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RNS Number : 1522R  Real Estate Credit Investments Ltd  25 October 2023

25 October 2023

Real Estate Credit Investments Limited

Purchase of Shares in Closed Period

 

Real Estate Credit Investments Limited ("RECI" or the "Company") announces
that the Company will shortly enter a closed period ahead of the notification
of its half yearly report for the period ended 30 September 2023 (the "Closed
Period"), which is expected to be on or after 29 November 2023.

Pursuant to the share buyback authority approved by the Company's shareholders
at the AGM on 15 September 2023, the Board has granted authority to the
Company's broker, Liberum Capital Limited ("Liberum"), to purchase the
Company's ordinary shares ("Ordinary Shares") in the market during the Closed
Period, subject to pre-agreed parameters.  Any Ordinary Shares purchased
during the Closed Period will be held in treasury.

The authority granted is irrevocable and non-discretionary, and during the
Closed Period the Board has no power to invoke any changes to the authority
and any purchases will be undertaken at the sole discretion of Liberum Capital
Limited.

The Company confirms that it currently has no unpublished inside information.

 

Enquiries:

 Cheyne Capital Management (UK) LLP          +44 (0) 20 7968 7328
 Richard Lang

 Liberum Capital Limited (Corporate Broker)  +44 (0) 20 3100 2222
 Shane Le Prevost
 Richard Crawley
 Edward Mansfield
 Miquela Bezuidenhoudt

 

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