Riverstone Credit Opps. Inc PLC Transaction in Own Shares (6910G)
November 27 2020 - 1:00AM
UK Regulatory
TIDMRCOI
RNS Number : 6910G
Riverstone Credit Opps. Inc PLC
27 November 2020
LEI: 213800KSL6C11YUB3H11
27 November 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: 26/11/20
Number of ordinary shares purchased: 250,000
Lowest price per share: 0.685
Highest price per share: 0.685
Trading venue: JPSI
Aggregate volume per date per trading venue: 250,000
Weighted average price per day per trading venue: 0.685
Number of ordinary shares purchased: 424,877
Lowest price per share: 0.67
Highest price per share: 0.69
Trading venue: LSE
Aggregate volume per date per trading venue: 424,877
Weighted average price per day per trading venue: 0.6804
ISIN: GB00BJHPS390
The Company intends to cancel the purchased shares: 674,877 Shares
Combined average price across trading venues 0.6821
Following the above transaction, the Company has 96,223,527
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 will invest
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
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