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Real Estate Credit Investments Limited (RECI) entered a closed period on 28 October 2024, ahead of its Interim Report for the period ended 30 September 2024, expected on or after 28 November 2024. Pursuant to a share buyback authority approved by shareholders at the AGM on 18 September 2024, RECI's Board granted its broker, Panmure Liberum Limited, irrevocable and non-discretionary authority to purchase RECI ordinary shares in the market during this closed period. Any shares purchased will be held in treasury, with Panmure Liberum exercising sole discretion for these purchases.
| Date | 28 Oct 2024 |
| Time | 07:00:01 |
| Category | Miscellaneous |
| ID | 5270J |
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The Company confirms that it currently has no unpublished inside information.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:
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Cheyne Capital Management (UK) LLP |
+44 (0) 20 7968 7450 |
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Panmure Liberum (Corporate Broker) |
+44 (0) 20 3100 2222 |
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Darren Vickers/Alex Collins |
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