ESO Epe Special Opportunities Limited

TIDMESO TIDMEO.P TIDMEC.P TIDMEL.P

RNS Number : 0423V

EPE Special Opportunities Limited

09 December 2021

EPE Special Opportunities Limited

Net Asset Value and Announcement of Share Buy Backs

Net Asset Value

The Directors of EPE Special Opportunities Limited (the "Company") wish to announce that the Net Asset Value of the Company at 30 November 2021 was 511.93 pence per ordinary share.

Announcement of Share Buy Backs

The Company announces its intention to commence purchases of ordinary shares of the Company ("Ordinary Shares") ("Share Buy Backs"), subject to availability on attractive terms. The transactions will be in line with the Company's stated policy to pursue Share Buy Backs.

The proposed Share Buy Backs will be funded by the Company's cash reserves. Any Ordinary Shares purchased by the Company will be held in treasury. Any Ordinary Shares acquired pursuant to the Share Buy Backs will be announced to the market without delay.

-

Any Share Buy Backs are likely to exceed 25 per cent of the average daily volume in the Ordinary Shares.

The Company may when appropriate undertake Share Buy Backs at a price that exceeds the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase is carried out (being the price stipulated by Article 3(2) of the Commission Delegated Regulation (EU) 2016/1052 (Commission Delegated Regulation), as referred to in Article 5(6) of the Market Abuse Regulation).

The proposed Share Buy Backs will be effected on behalf of the Company by its broker, Numis Securities Limited.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

The person responsible for releasing this information on behalf of the Company is Amanda Robinson of Langham Hall Fund Management (Jersey) Limited.

Enquiries:

 
EPIC Investment Partners LLP            +44 (0) 207 269 8865 
                                         Alex Leslie 
 
Langham Hall Fund Management (Jersey)   +44 (0) 153 488 5200 
 Limited                                 Amanda Robinson 
 
Cardew Group Limited                    +44 (0) 207 930 0777 
                                         Richard Spiegelberg 
 
Numis Securities Limited                +44 (0) 207 260 1000 
Nominated Advisor:                      Stuart Skinner 
Corporate Broker:                       Charles Farquhar 
 

Disclaimer: This valuation, which has been prepared in good faith by the Company's Investment Adviser, is for information purposes only. It is derived from unaudited estimated valuations of the Company's underlying investments based on information received by the Investment Adviser which may relate to dates or periods some time before the date of this valuation. Such estimates may be subject to little verification or other due diligence and may not comply with generally accepted accounting practices or other generally accepted valuation principles. If a valuation estimate subsequently proves to be incorrect, no adjustment is expected to be made to any previously published estimated net asset value.

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

NAVTPBRTMTAMBTB

(END) Dow Jones Newswires

December 09, 2021 02:00 ET (07:00 GMT)

Epe Special Opportunities (LSE:ESO)
Gráfica de Acción Histórica
De Nov 2023 a Dic 2023

Epe Special Opportunities (LSE:ESO)
Gráfica de Acción Histórica
De Dic 2022 a Dic 2023