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Pin to quick picksDunedin Inc. Regulatory News (DIG)

Share Price Information for Dunedin Inc. (DIG)

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Share Price: 282.00
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Dunedin Income Growth is an Investment Trust

To achieve growth of income and capital from a portfolio invested mainly in companies listed or quoted in the UK.

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Share Buybacks

21 Sep 2020 15:23

RNS Number : 6260Z
Dunedin Income Growth Inv Tst PLC
21 September 2020
 

 

Dunedin Income Growth Investment Trust PLC

Legal Entity Identifier (LEI): 549300PPXLZPR5JTL763

 

21 September 2020

 

Share Buy Backs

 

Dunedin Income Growth Investment Trust PLC (the "Company") announces, pursuant to the authority granted at its annual general meeting on 16 July 2020, that it has authority to repurchase a maximum of 22,213,249 of its ordinary shares (being its outstanding shareholder authority) with buy back parameters described under resolution 14 of its last annual general meeting notice. Such authority lasts until the next shareholder authority granted, or where expressly revoked by shareholders. The buy back will be funded from the Company's resources (including disposals from the investment portfolio and debt facilities). 

 

The Company has appointed J. P. Morgan Securities plc to act as its broker in respect of the buy back.

The buy back will be undertaken pursuant to the Company's discount management programme.

This arrangement is in accordance with Chapter 12 of the UKLA Listing Rules and the Company's general authority to repurchase shares.

 

 

For further information, please contact:

 

G Hay Smith

Aberdeen Asset Management PLC

Secretaries

0131 372 2200

 

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