Riverstone Energy Limited Share Buyback Programme (3786K)
January 04 2021 - 1:05AM
UK Regulatory
TIDMRSE
RNS Number : 3786K
Riverstone Energy Limited
04 January 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
LEI: 213800HAZOW1AWRSZR47
4 January 2021
Riverstone Energy Limited
Share Buyback Programme
As the next portfolio valuation date is 31 December 2020,
Riverstone Energy Limited (the "Company") announces that its
GBP50.0 million share buyback programme has been paused until after
the Company's Annual Report and Financial Statements for the year
ended 31 December 2020 (the "Annual Report") have been published in
February 2021 . Since the Company's announcement on 1 May 2020,
16,958,265 ordinary shares have been bought back at a total cost of
approximately GBP 49.2 million, such that there is GBP 0.8 million
remaining of the authorised GBP50.0 million. The Board intends to
recommence the share buyback programme with Numis Securities
Limited and J.P. Morgan Securities plc after publication of the
Annual Report.
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 9
active investments spanning 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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