Share Buyback Programme

RNS Number : 7489D

Riverstone Energy Limited

01 July 2021

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

LEI: 213800HAZOW1AWRSZR47

1 July 2021

Riverstone Energy Limited

Share Buyback Programme

As the next portfolio valuation date is 30 June 2021, Riverstone Energy Limited (the "Company") announces that its £20.0 million share buyback programme has been paused   until after the Company's Interim Report and Financial Statements for the period ended 30 June 2021 (the "Interim Report") have been published in August 2021 . Since the Company's announcement on 11 May 2021, 1,185,808 ordinary shares have been bought back at a total cost of approximately £ 4.0 million, such that there is £ 16.0 million remaining of the authorised £20.0 million. The Board intends to recommence the share buyback programme with Numis Securities Limited and J.P. Morgan Securities plc after publication of the Interim Report.

About Riverstone Energy Limited:

REL is a closed-ended investment company that invests exclusively in the global energy industry across all sectors.  REL aims to capitalise on the opportunities presented by Riverstone's energy investment platform.  REL's ordinary shares are listed on the London Stock Exchange, trading under the symbol RSE.  REL has 12 active investments spanning decarbonisation, oil and gas, renewable energy and power in the Continental U.S., Western Canada, Gulf of Mexico and Europe.

For further details, see www.RiverstoneREL.com

Neither the contents of Riverstone Energy Limited's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.

Media Contacts

For Riverstone Energy Limited:

Jingcai Zhu Natasha Fowlie [phone]

 

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