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Transaction in Own Shares

5 Sep 2019 17:18

RNS Number : 4137L
Hadrian's Wall Secured Invs.Ltd
05 September 2019
 

5 September 2019

 

Hadrian's Wall Secured Investments Limited

Transaction in own shares

Hadrian's Wall Secured Investments Limited (the "Company") has today repurchased 1,000,000 ordinary shares of no par value (the "Shares") at 78.0 pence per Share to be held in treasury. Following this repurchase the Company has 143,499,667 Shares in issue, excluding 1,670,796 Shares held in treasury. The Company has 143,499,667 total voting rights.

This Share buyback will be accretive to the NAV per Share and the Board believes that it represents a good use of cash at the prevailing discount. The Board, however, notes that the Company remains fully invested and the ability to undertake any further buybacks is dependent, amongst other things, on the Company's cash position and the market in the Shares.

 

 

Contact Details

Hadrian's Wall Capital Limited (Investment Adviser)Ron Miao / Mike SchozerTelephone 020 3026 8620

Winterflood Investment Trusts (Corporate Broker)Joe Winkley / Neil MorganTelephone 020 3100 0000

 

LEI: 213800ABN7VKMVNOLG14

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