Eurocastle Announces 2021 Agm Results And Pdmr Dealing Notification

 
TIDMECT 
 

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Oak Fund Services (Guernsey) Limited

Company Administrator

Attn: Mark Woodall

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Eurocastle Announces 2021 AGM Results and PDMR Dealing Notification

Guernsey, 17 June 2021 -- Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("Eurocastle" or the "Company") today announces the results of its 2021 Annual General Meeting held yesterday, 16 June 2021. All ordinary and extraordinary business tabled before the meeting in accordance with the Notice of Annual General Meeting circulated to shareholders on 26 May 2021 was approved. A copy of this Notice is available on Eurocastle's website at www.eurocastleinv.com under Periodic Reports and Shareholder Communications in the Investor Relations Section.

In addition the Company issued 1,000 ordinary shares to each of its three independent directors as part of their in-place compensation arrangements. By reference to its obligations under Article 19 of EU Regulation 596/2014, the Company is making public the following details of those dealings in its shares by persons discharging managerial responsibilities:

 
Name of the PDMR                                     Financial   Nature of Transaction                                      Date and     Volume and price 
                                                     Instrument                                                             place of     of transaction 
                                                                                                                            transaction 
---------------------------------------------------  ----------  ---------------------------------------------------------  -----------  ------------------ 
Dr. Simon John Thornton                              Ordinary    Acquisition for nil consideration as part of compensation  17 June      1,000 shares 
                                                     Shares       arrangements                                              2021,         Nil consideration 
                                                                                                                            Guernsey 
---------------------------------------------------  ----------  ---------------------------------------------------------  -----------  ------------------ 
Mrs. Claire Elizabeth Ann Whittet                    Ordinary    Acquisition for nil consideration as part of compensation  17 June      1,000 shares 
                                                     Shares       arrangements                                              2021,         Nil consideration 
                                                                                                                            Guernsey 
---------------------------------------------------  ----------  ---------------------------------------------------------  -----------  ------------------ 
Mr. Jason de Beauvoir Sherwill (via Forein Limited,  Ordinary    Acquisition for nil consideration as part of compensation  17 June      1,000 shares 
 Closely Associated Person)                          Shares       arrangements                                              2021,         Nil consideration 
                                                                                                                            Guernsey 
---------------------------------------------------  ----------  ---------------------------------------------------------  -----------  ------------------ 
 

As a consequence of the above:

   -- The total number of Ordinary Shares of the Company in issue is 1,857,535. 

ABOUT EUROCASTLE

Eurocastle Investment Limited is a publicly traded closed-ended investment company, focused on Italian performing and non-performing loans, Italian loan servicing platforms and other real estate related assets in Italy. On 18 November 2019, the Company announced a plan to realise the majority of its assets with the aim of accelerating the return of value to shareholders. The Company will not currently seek material new investments from the proceeds of the realisation but, will continue to support its existing investments to the extent required in order to optimise returns and distribute cash to shareholders when available (the "Realisation Plan"). For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

(END) Dow Jones Newswires

June 17, 2021 02:00 ET (06:00 GMT)

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