Chat with Filing

Ask questions about this document
Please log in or register to use the chat feature. Please register first.
POS - Share Buyback Programme: Week ending 11 October 2019

Company: Eurocastle Invest. Date: 2019-10-14 Language: English Register to download
Loading document preview...
Document Preview Not Available

The file type (.html) cannot be displayed directly here.
Open Original File
Error loading document preview. Please try the 'Open Original File' link.
You're One Click Away From The Full Filing

Instantly access this document—and 2.8M more—for free. Select your preferred method:
Continue with Google Continue with Microsoft Continue with Facebook Continue with Amazon
National Storage Mechanism | Additional information    

### You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.  

  

   

**EUROCASTLE INVESTMENT LIMITED**

                                                                                                            **FOR IMMEDIATE RELEASE**  

Contact:  

International Administration Group (Guernsey) Limited  

Company Administrator  

Attn:  Mark Woodall  

Tel:  +44 1481 723450                                                              

**Share Buyback Programme: Transactions in week ending 11 October 2019**

  

  

Guernsey, 14 October 2019 – Eurocastle Investment Limited (“Eurocastle” or the “Company”) today announces that between 7 October 2019 and 11 October 2019, under its fifth non-discretionary share buyback programme with Liberum Capital Limited (acting as the Company's broker) announced on 9 August 2019 and commenced on 16 September 2019 (the “Fifth Buyback Programme”), it bought back 11,584 of its ordinary shares at an average price of €7.32 per ordinary share. The purchased shares will all be held as treasury shares.

The purpose of the share buyback programme is to reduce the share capital of the Company and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the buyback programme:

|     |     |     |     |     |
| --- | --- | --- | --- | --- |
| **Accumulated, most recent announcement** | **Platform code** | **Volume** | **Volume Weighted Average Price** | **Gross Value (€)** |
| 07/10/2019 | BATE | 279 | 7.30 | 2,037 |
|     | XLON | 1,856 | 7.29 | 13,526 |
|     | CHIX | 155 | 7.30 | 1,132 |
|     | TRQX | 91  | 7.30 | 664 |
|     | **Total** | **2,381** | **7.29** | **17,358** |
| 08/10/2019 | BATE | 283 | 7.30 | 2,066 |
|     | XLON | 2,060 | 7.32 | 15,072 |
|     | CHIX | 158 | 7.30 | 1,153 |
|     | TRQX | 92  | 7.30 | 672 |
|     | **Total** | **2,593** | **7.31** | **18,963** |
| 09/10/2019 | BATE | 283 | 7.34 | 2,077 |
|     | XLON | 2,019 | 7.35 | 14,833 |
|     | CHIX | 158 | 7.34 | 1,160 |
|     | TRQX | 88  | 7.34 | 646 |
|     | **Total** | **2,548** | **7.35** | **18,716** |
| 10/10/2019 | BATE | 278 | 7.32 | 2,035 |
|     | XLON | 2,084 | 7.32 | 15,253 |
|     | CHIX | 254 | 7.32 | 1,859 |
|     | TRQX | 91  | 7.32 | 666 |
|     | **Total** | **2,707** | **7.32** | **19,814** |
| 11/10/2019 | BATE | 236 | 7.34 | 1,732 |
|     | XLON | 745 | 7.28 | 5,427 |
|     | CHIX | 257 | 7.34 | 1,886 |
|     | TRQX | 117 | 7.34 | 859 |
|     | **Total** | **1,355** | **7.31** | **9,905** |

Following the above transactions:

-   The total number of ordinary shares of the Company in issue is 55,379,438

-   The total number of ordinary shares held by Eurocastle in treasury is 18,912,284 (equal to 34.2% of the Company’s share capital)

-   The total number of voting rights exercisable by holders of ordinary shares of the Company is 36,467,154 as voting rights of shares held in treasury are suspended.

**ABOUT EUROCASTLE**

Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and non-performing loans and other real estate related assets primarily in Italy. The Company is Euro denominated and is listed on Euronext Amsterdam under the symbol “ECT”. Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global investment manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit [www.eurocastleinv.com](https://www.globenewswire.com/Tracker?data=KcxhlJxONC64CZXjklqb9DjonHF00ql-O4Vize8Er0R3tFpM3ajXsGZNXL_t6JRlLtscP-2E5P1pYAMoLdiY6PdACpSYouikMgfjfrNx-G0=).

Set out below are all trades completed 7 October 2019 and 11 October 2019:

|     |     |     |     |     |
| --- | --- | --- | --- | --- |
|     | **Platform code** | **Volume** | **Price** | **Gross Value (€)** |
| 07/10/2019 | XLON | 575 | 7.26 | 4,174.50 |
|     | XLON | 3   | 7.30 | 21.90 |
|     | XLON | 278 | 7.30 | 2,029.40 |
|     | BATE | 279 | 7.30 | 2,036.70 |
|     | CHIX | 155 | 7.30 | 1,131.50 |
|     | TRQX | 91  | 7.30 | 664.30 |
|     | XLON | 229 | 7.30 | 1,671.70 |
|     | XLON | 771 | 7.30 | 5,628.30 |
|     |     | **2,381** | **7.29** | **17,358.30** |
| 08/10/2019 | XLON | 100 | 7.30 | 730.00 |
|     | BATE | 283 | 7.30 | 2,065.90 |
|     | CHIX | 158 | 7.30 | 1,153.40 |
|     | TRQX | 92  | 7.30 | 671.60 |
|     | XLON | 250 | 7.30 | 1,825.00 |
|     | XLON | 1,000 | 7.32 | 7,320.00 |
|     | XLON | 570 | 7.32 | 4,172.40 |
|     | XLON | 140 | 7.32 | 1,024.80 |
|     |     | **2,593** | **7.31** | **18,963.10** |
| 09/10/2019 | XLON | 229 | 7.36 | 1,685.44 |
|     | XLON | 226 | 7.36 | 1,663.36 |
|     | XLON | 238 | 7.36 | 1,751.68 |
|     | BATE | 123 | 7.34 | 902.82 |
|     | BATE | 160 | 7.34 | 1,174.40 |
|     | CHIX | 158 | 7.34 | 1,159.72 |
|     | TRQX | 88  | 7.34 | 645.92 |
|     | XLON | 519 | 7.34 | 3,809.46 |
|     | XLON | 180 | 7.34 | 1,321.20 |
|     | XLON | 320 | 7.34 | 2,348.80 |
|     | XLON | 186 | 7.34 | 1,365.24 |
|     | XLON | 121 | 7.34 | 888.14 |
|     |     | **2,548** | **7.35** | **18,716.18** |
| 10/10/2019 | XLON | 594 | 7.32 | 4,348.08 |
|     | XLON | 286 | 7.32 | 2,093.52 |
|     | XLON | 285 | 7.30 | 2,080.50 |
|     | BATE | 278 | 7.32 | 2,034.96 |
|     | CHIX | 254 | 7.32 | 1,859.28 |
|     | XLON | 234 | 7.34 | 1,717.56 |
|     | XLON | 229 | 7.34 | 1,680.86 |
|     | XLON | 204 | 7.32 | 1,493.28 |
|     | XLON | 120 | 7.30 | 876.00 |
|     | TRQX | 91  | 7.32 | 666.12 |
|     | XLON | 85  | 7.30 | 620.50 |
|     | XLON | 47  | 7.30 | 343.10 |
|     |     | **2,707** | **7.32** | **19,813.76** |
| 11/10/2019 | XLON | 293 | 7.28 | 2,133.04 |
|     | XLON | 271 | 7.28 | 1,972.88 |
|     | BATE | 236 | 7.34 | 1,732.24 |
|     | XLON | 161 | 7.30 | 1,175.30 |
|     | CHIX | 141 | 7.34 | 1,034.94 |
|     | TRQX | 117 | 7.34 | 858.78 |
|     | CHIX | 116 | 7.34 | 851.44 |
|     | XLON | 19  | 7.30 | 138.70 |
|     | XLON | 1   | 7.30 | 7.30 |
|     |     | **1,355** | **7.31** | **9,904.62** |

![](https://www.globenewswire.com/newsroom/ti?nf=MTAwMDI4NzgwNiM0MDA1MTAyNTkjMjAwMTg1Ng==)