Riverstone Credit Opps. Inc PLC Transaction in Own Shares (8826O)
June 04 2020 - 1:00AM
UK Regulatory
TIDMRCOI
RNS Number : 8826O
Riverstone Credit Opps. Inc PLC
04 June 2020
LEI: 213800KSL6C11YUB3H11
4 June 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: 03/06/20
Number of ordinary shares purchased: 50,000
Lowest price per share: 0.725
Highest price per share: 0.725
Trading venue: JPSI
Aggregate volume per date per trading venue: 75,000
Weighted average price per day per trading venue: 0.725
ISIN: GB00BJHPS390
The Company intends to cancel the purchased shares: 50,000 Shares
Combined average price across trading venues 0.725
Following the above transaction, the Company has 97,292,121
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
+1 212 271 6266
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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