Riverstone Credit Opportunities Income

Transaction in Own Shares
RNS Number : 4262J
Riverstone Credit Opps. Inc PLC
22 December 2020
 

LEI: 213800KSL6C11YUB3H11

22 December 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:

21/12/20

Number of ordinary shares purchased:           

1,453,583

Lowest price per share:

0.68

Highest price per share:

0.68

Trading venue:

JPSI

Aggregate volume per date per trading venue:

1,453,583

Weighted average price per day per trading venue:     

0.68

 

 

ISIN: GB00BJHPS390

 

The Company intends to cancel the purchased shares:

1,453,583

Combined average price across trading venues

0.68

Following the above transaction, the Company has 91,545,383 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

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSKKDBNABDDBBB