Transaction in Own Shares

RNS Number : 6814N

Riverstone Credit Opps. Inc PLC

22 May 2020

 

LEI: 213800KSL6C11YUB3H11

22 May 2020

Riverstone Credit Opportunities Income Plc

Transactions in Own Shares

Riverstone Credit Opportunities Income Plc (the "Company") announces that it has purchased the following number of its ordinary shares of US$0.01 each on the London Stock Exchange through J.P. Morgan Securities plc.

Ordinary Shares:

Date of purchase:	21/05/20
Number of ordinary shares purchased:	225,000
Lowest price per share:	0.695
Highest price per share:	0.695
Trading venue:	LSE
Aggregate volume per date per trading venue:	225,000
Weighted average price per day per trading venue:	0.695
Number of ordinary shares purchased:	500,000
Lowest price per share:	0.695
Highest price per share:	0.695
Trading venue:	JPSI
Aggregate volume per date per trading venue:	500,000
Weighted average price per day per trading venue:	0.695
ISIN: GB00BJHPS390
The Company intends to cancel the purchased shares:	725,000 Shares
Combined average price across trading venues	0.695
Following the above transaction, the Company has 97,492,121 ordinary shares in issue.

About Riverstone Credit Opportunities Income Plc:

RCOI seeks to generate consistent Shareholder returns predominantly in the form of income distributions, principally by making senior secured loans to small and middle-market energy companies. The investment strategy is predicated on asset-based lending, with conservative loan-to-value ratios and structural protective features to mitigate risk. The Company invests broadly across energy subsectors globally, with an initial focus on North America. RCOI intends to create a diversified portfolio across basins, commodities, and end-markets to provide natural synergies and hedges that could enhance the overall stability of the portfolio.

For further details, see www.RiverstoneCOI.com

Neither the contents of RCOI'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 Credit Opportunities Income Plc:

Daniel Lim

[phone]

 

END

 

 

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