Transaction in Own Shares

RNS Number : 5408V
GCP Infrastructure Investments Ltd
05 April 2023
 

05 April 2023

GCP Infrastructure Investments Limited

(the "Company" or "GCP Infra")

LEI: 213800W64MNATSIV5Z47

Transaction in own shares

GCP Infra today announces that pursuant to the general authority granted by shareholders of the Company at the annual general meeting on 15 February 2023 to make market purchases of its own ordinary shares, it repurchased 100,000 ordinary shares at a weighted average price of 85.83 pence per share, to be held in treasury, on 05 April 2023 .

Following this transaction, the Company has in issue 884,797,669 ordinary shares of which 1,150,000 are held in treasury.

For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules the market should exclude any shares held in treasury and should use the figure of 883,647,669 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

For further information, please contact:

Gravis Capital Management Limited

Philip Kent

Max Gilbert

 

+44 (0)20 3405 8500

Stifel Nicolaus Europe Limited

Mark Bloomfield

Jonathan Wilkes-Green

 

+44 (0)20 7710 7600

Buchanan/Quill 

Helen Tarbet

Sarah Gibbons-Cook

Henry Wilson

 

+44 (0)20 7466 5000

Notes to Editors

GCP Infra is a closed-ended investment company and FTSE-250 constituent whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained, long-term distributions and to preserve capital over the long term by generating exposure to UK infrastructure debt and related and/or similar assets.

The Company primarily targets investments in infrastructure projects with long term, public sector-backed, availability-based revenues. Where possible, investments are structured to benefit from partial inflation protection. GCP Infra is advised by Gravis Capital Management Limited.

GCP Infra has been awarded with the London Stock Exchange's Green Economy Mark in recognition of its contribution to positive environmental outcomes.

 

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