Share Buyback Programme in a Closed Period
Source: RNS
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The Company confirms that it currently has no unpublished inside information.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 |
|
|
|
|
|
|
|
Panmure Liberum (Corporate Broker) |
+44 (0) 20 3100 2222 |
|
Darren Vickers/Alex Collins |
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
