Riverstone Credit Opps. Inc PLC Transaction in Own Shares (8826O)

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RNS Number : 8826O

Riverstone Credit Opps. Inc PLC

04 June 2020

LEI: 213800KSL6C11YUB3H11

4 June 2020

Riverstone Credit Opportunities Income Plc

Transactions in Own Shares

Riverstone Credit Opportunities Income Plc (the "Company") announces that it has purchased the following number of its ordinary shares of US$0.01 each on the London Stock Exchange through J.P. Morgan Securities plc.

Ordinary Shares:

 
 Date of purchase:                                           03/06/20 
 
 Number of ordinary shares purchased:                          50,000 
 Lowest price per share:                                        0.725 
 Highest price per share:                                       0.725 
 Trading venue:                                                  JPSI 
 Aggregate volume per date per trading venue:                  75,000 
 Weighted average price per day per trading venue:              0.725 
 
 ISIN: GB00BJHPS390 
 The Company intends to cancel the purchased shares:    50,000 Shares 
 Combined average price across trading venues                   0.725 
          Following the above transaction, the Company has 97,292,121 
                                            ordinary shares in issue. 
 

About Riverstone Credit Opportunities Income Plc:

RCOI seeks to generate consistent Shareholder returns predominantly in the form of income distributions, principally by making senior secured loans to small and middle-market energy companies. The investment strategy is predicated on asset-based lending, with conservative loan-to-value ratios and structural protective features to mitigate risk. The Company invests broadly across energy subsectors globally, with an initial focus on North America. RCOI intends to create a diversified portfolio across basins, commodities, and end-markets to provide natural synergies and hedges that could enhance the overall stability of the portfolio.

For further details, see www.RiverstoneCOI.com

Neither the contents of RCOI's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.

Media Contacts

For Riverstone Credit Opportunities Income Plc:

Daniel Lim

[phone]

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June 04, 2020 02:00 ET (06:00 GMT)