Share Buyback Programme in a Closed Period

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The Company confirms that it currently has no unpublished inside information.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	[phone]
[e-mail]
Liberum Capital Limited (Corporate Broker)	[phone]
Shane Le Prevost
Darren Vickers
Edward Mansfield

 

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