Transaction in Own Shares & End of Share Buybacks

RNS Announcement

RNS Number : 5581R

Riverstone Energy Limited

09 March 2021

LEI: 213800HAZOW1AWRSZR47

9 March 2021

Riverstone Energy Limited

Transactions in Own Shares & Completion of £50 million Share Buyback Programme

Riverstone Energy Limited (the Company) announces that it has purchased the following number of its ordinary shares of no par value each on the London Stock Exchange through J.P. Morgan Securities plc.

Ordinary Shares:

Date of purchase:	08/03/21
Number of ordinary shares purchased:	15,250
Lowest price per share:	299.00
Highest price per share:	301.00
Trading venue:	LSE
Aggregate volume per date per trading venue:	15,250
Weighted average price per day per trading venue:	300.11


ISIN: GG00BBHXCL35
The Company intends to cancel the purchased shares:	15,250 Shares
Combined average price across trading venues	300.11
Following the above transaction, the Company has 62,682,534 ordinary shares in issue.

Completion of Share Buyback Programme

Following the announcement on 1 May 2020 of the start of Company's £50 million Share Buyback Programme, the Board is pleased to confirm that the Share Buyback Programme has been successfully completed with a total of 17,214,197 ordinary shares having been bought back at an average price of approximately £2.90 per ordinary share.

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

+44 20 3206 6300

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END

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RNS metadata

Title: Transaction in Own Shares & End of Share Buybacks
Time: 07:00:05
Date: 9 Mar 2021
Category: Capital structure
ID: 5581R