Rights and Issues Investment Trust PLC: Share Buyback Programme Extension
Retrieved on:
Tuesday, August 1, 2023
Rights and Issues Investment Trust PLC: Share Buyback Programme Extension
Key Points:
- Rights and Issues Investment Trust PLC: Share Buyback Programme Extension
Rights and Issues Investment Trust plc (the “Company”) announces that the share repurchase programme announced on 9 August 2021 and extended to 31 July 2023 has been extended for a further 12 months to 31 July 2024. finnCap has been authorised to repurchase ordinary shares of 25p each (“Shares”) on its behalf and within certain pre-set parameters between 1 August 2023 and 31 July 2024 (the “Buy-Back Period”). - Accordingly, the Company is not prohibited from granting this authority to finnCap under the Corporate Broking Agreement.
- The Company shall not (i) exercise any influence over how, when or whether finnCap effects share repurchases or (ii) change the number of Shares, price or timing of the purchases.
- The issuer is solely responsible for the content of this announcement.