RNS Number : 0863Y
Octopus Renewables Infra Trust PLC
24 February 2025
 

24 February 2025

 

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 twelve months ended 31 December 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 Annual Report and Accounts for the twelve months ended 31 December 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 Burson Buchanan

Peel Hunt (Broker)

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

Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris (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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