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

Real Estate Credit InvestmentsAnnouncement

21/05/2024 16:00

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RNS Number : 3249P  Real Estate Credit Investments Ltd  21 May 2024

21 May 2024

Real Estate Credit Investments Limited

Purchase of Shares in Closed Period

 

Real Estate Credit Investments Limited ("RECI" or the "Company") announces
that the Company has entered a closed period ahead of the notification of its
Annual Report for the year ended 31 March 2024 (the "Closed Period"), which is
expected to be on or after 20 June 2024.

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The Company confirms that it currently has no unpublished inside information.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 7450
 RECIIR@cheynecapital.com (mailto:RECIIR@cheynecapital.com)

 Liberum Capital Limited (Corporate Broker)                  +44 (0) 20 3100 2222
 Shane Le Prevost
 Darren Vickers
 Edward Mansfield

 

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