GCP Asset Backed Income Fund Ltd Transaction in Own Shares (7207A)
26 May 2023 - 2:35AM
UK Regulatory
TIDMGABI TIDMGABC
RNS Number : 7207A
GCP Asset Backed Income Fund Ltd
25 May 2023
25 May 2023
GCP Asset Backed Income Fund Limited
(the "Company" or "GCP Asset Backed")
LEI: 213800FBBZCQMP73A815
Transaction in own shares
GCP Asset Backed, which invests in asset backed loans, today
announces that pursuant to the general authority granted by
shareholders of the Company at the annual general meeting on 15 May
2023 to make market purchases of its own ordinary shares, it
repurchased 125,000 ordinary shares at a price of 69.00 pence per
share, to be held in treasury, on 25 May 2023 .
Following this transaction, the Company has in issue 442,033,518
ordinary shares of which 15,032,459 are held in treasury.
For reporting purposes under the FCA's Disclosure Guidance and
Transparency Rules the market should exclude any shares held in
treasury and should use the figure of 427,001,059 voting rights
when determining if they are required to notify their interest in,
or a change to their interest in the Company.
For further information, please contact:
Gravis Capital Management Ltd +44 (0)20 3405 8500
Philip Kent
Cameron Gardner
Investec Bank plc +44 (0)20 7597 4000
Helen Goldsmith
Denis Flanagan
Neil Brierley
Buchanan/Quill +44 (0)20 7466 5000
Helen Tarbet
Sarah Gibbons-Cook
Henry Wilson
Notes to Editors
GCP Asset Backed is a closed ended investment company traded on
the Main Market of the London Stock Exchange. Its investment
objective is to generate attractive risk-adjusted returns primarily
through regular, growing distributions and modest capital
appreciation over the long term.
The Company seeks to meet its investment objective by making
investments in a diversified portfolio of predominantly UK based
asset backed loans which are secured against contracted,
predictable medium to long term cash flows and/or physical
assets.
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
POSQELFLXELXBBZ
(END) Dow Jones Newswires
May 25, 2023 12:35 ET (16:35 GMT)
Gcp Asset Backed Income (LSE:GABI)
Historical Stock Chart
From Apr 2024 to May 2024
Gcp Asset Backed Income (LSE:GABI)
Historical Stock Chart
From May 2023 to May 2024