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Pin to quick picksOctopus Energy Regulatory News (ORIT)

Share Price Information for Octopus Energy (ORIT)

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63.50    1.50 (2.42%)
Bid:
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Ask:
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Spread: 0.70 (1.111%)
Market Cap: £335.01m
ORIT Live PriceLast checked at - London Stock Exchange

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Irrevocable Share Repurchase Programme

16 Aug 2024 07:00

RNS Number : 0806A
Octopus Renewables Infra Trust PLC
16 August 2024
 

16 August 2024

 

LEI: 213800B81BFJKWM2JV13

 

Octopus Renewables Infrastructure Trust plc

 

("ORIT" or the "Company")

 

Irrevocable Share Repurchase Programme

 

At the Company's last annual general meeting on 19 June 2024 (the "AGM"), the Company's shareholders granted the Company a general buy back authority of up to 14.99% of the Company's issued ordinary share capital.

 

In preparation for the Company's upcoming results for the six months ended 30 June 2024 and associated closed period, the Company has appointed Peel Hunt LLP to manage an irrevocable programme (the "Irrevocable Buy Back Programme") to buy back ordinary shares within certain pre-set parameters. Any ordinary shares purchased by the Company will be held in treasury. The Irrevocable Buy Back Programme will commence today and will run until publication of the Company's Interim Report and Accounts for the six months ended 30 June 2024.

 

Any shares purchased in the Irrevocable Buy Back Programme will count towards the Company's general buy back authority of 14.99% of the Company's issued ordinary share capital, as approved at the Company's AGM.

 

The Company confirms that it currently has no inside information.

 

Enquiries:

 

Octopus Energy Generation (Investment Manager)

Chris Gaydon, David Bird

 

 

Via Buchanan

Peel Hunt (Broker)

Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)

Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris, Michael Bateman (Sales)

 

 

020 7418 8900

Burson Buchanan (Financial PR)

Charles Ryland, George Beale

 

020 7466 5000

Apex Listed Companies Services (UK) Limited (Company Secretary)

020 3327 9720

 

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