REG - Riverstone Credit - Update on Compulsory Redemption of Shares

Riverstone Credit Opportunities IncomeAnnouncement

Today 07:00

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RNS Number : 7126Y  Riverstone Credit Opps. Inc PLC  31 March 2026

 

 

 

 

 

31 March 2026

 

 

 

RIVERSTONE CREDIT OPPORTUNITIES INCOME PLC

 ("RCOI" or the "Company")

 

Update on Compulsory Redemption of Shares

 

 

The Company today announces that, in connection with the compulsory redemption
(the "Compulsory Redemption") of ordinary shares of US$0.01 each in the
capital of the Company (the "Ordinary Shares") announced on 25 February 2026,
the Company at close of business on Monday 30 March 2026 (the "Redemption
Date"), redeemed (on a pro rata basis) 12,134,802 Ordinary Shares at a
redemption price of US$0.89 per Ordinary Share. The Ordinary Shares redeemed
were equal to approximately 25 per cent. of the Company's Ordinary Shares in
issue as at the Redemption Date.

 

Fractions of shares have not been redeemed and therefore the number of
Ordinary Shares redeemed in respect of each shareholder have been rounded down
to the nearest whole number of Ordinary Shares. All Ordinary Shares redeemed
pursuant to the Compulsory Redemption have been cancelled.

 

Payments of redemption monies are expected to be effected either through CREST
(in the case of Ordinary Shares held in uncertificated form) or by cheque (in
the case of Ordinary Shares held in certificated form), in each case by 15
April 2026. Any certificates currently in circulation will be superseded by a
new certificate which will be distributed to certificated shareholders.

 

Following the redemption, the Company has 36,931,359 Ordinary Shares in issue.
Accordingly, the total number of voting rights in the Company is 36,931,359,
which may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

The new ISIN GB00BRBWLX34 (the "New ISIN"), in respect of the remaining Shares
which have not been redeemed, is enabled and available for transactions from
8.00 a.m. today, 31 March 2026. CREST will automatically transform any open
transactions as at the Redemption Date into the New ISIN.

 

 

For Riverstone Credit Opportunities Income Plc:

Catherine
Carron
            +44 28 9693 0220

For J.P. Morgan Cazenove (Corporate Broker): +44 (0) 20 7742 4000

William Simmonds

Jade Lee

For further details, see https://www.riverstonecoi.com/.

 

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