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RNS Number : 3297Y River UK Micro Cap Ltd 26 March 2026
26 March 2026
River UK Micro Cap Limited
("Company")
Continuation of Share Buyback Programme
River UK Micro Cap Limited (the "Company") is pleased to announce that it
has appointed Singer Capital Markets Securities Limited to manage an
irrevocable share buyback programme (the "Share Buyback Programme") to buy
back ordinary shares of no par value ("Ordinary Shares") for up to a maximum
aggregate consideration of £2.0 million and subject to Ordinary Shares being
available to purchase at a price representing a discount of 8.0 per cent. to
the most recently announced NAV per share prevailing at the time of
repurchase, alongside other certain pre-set parameters.
The Share Buyback Programme will commence today, and any shares repurchased
pursuant to the Share Buyback Programme will count towards the Company's
general buy back authority of 14.99 per cent. of the Company's issued share
capital, as approved at the Company's last annual general meeting on 11 March
2026.
Under the Buyback Programme, the repurchased shares will be held in treasury
at the Company's discretion for later cancellation. Shares held in treasury
are not entitled to dividends and have no voting rights at the Company's
general meetings.
The Company confirms that it currently has no inside information.
- ENDS -
For further information please contact:
River Global
Lucy Draper Lucy.Draper@river.global
Tel: +44 7702 799 117
Singer Capital Markets
James Moat, Investment Banking Tel: +44 20 7496 3000
BNP Paribas S.A., Guernsey Branch - Company Secretary +44 (0) 1481 750850
rmmccosec@bnpparibas.com (mailto:rmmccosec@bnpparibas.com)
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