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

Real Estate Credit InvestmentsAnnouncement

28/10/2024 07:00

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RNS Number : 5270J  Real Estate Credit Investments Ltd  28 October 2024

28 October 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
Interim Report for the period ended 30 September 2024 (the "Closed Period"),
which is expected to be on or after 28 November 2024.

Pursuant to the share buyback authority approved by the Company's shareholders
at the AGM on 18 September 2024, the Board has granted authority to the
Company's broker, Panmure Liberum Limited ("Panmure 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 Panmure
Liberum.

The Company confirms that it currently has no unpublished inside information.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

 Panmure Liberum (Corporate Broker)                          +44 (0) 20 3100 2222
  Darren Vickers/Alex Collins

 

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