EPE Special Opportunities PLC Announcement of Share Buy Backs (9557A)

TIDMESO TIDMEO.P TIDMEC.P TIDMEL.P

RNS Number : 9557A

EPE Special Opportunities PLC

04 January 2018

EPE Special Opportunities plc

Announcement of Share Buy Backs

EPE Special Opportunities plc ("ESO plc" or the "Company") announces its intention to commence purchases of ordinary shares of the Company ("Ordinary Shares") ("Share Buy Backs"). 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. The purchased Ordinary Shares will be held by the Company in treasury or cancelled. Any Share Buy Backs are likely to exceed 25 per cent of the average daily volume in the Ordinary Shares.

The proposed Share Buy Backs will be effected on behalf of the Company by its broker, Numis Securities Limited, and will commence from today. Any Share Buy Backs will be made in accordance with the terms set out in the notice made at the Company's annual general meeting held on 25 July 2017.

Enquiries:

 
EPIC Private Equity LLP      +44 (0) 207 269 8865 
                              Alex Leslie 
 
R&H Fund Services (Jersey)   +44 (0) 1534 825 323 
 Limited                      Hilary Jones 
 
Cardew Group Limited         +44 (0) 207 930 0777 
                              Richard Spiegelberg 
 
Numis Securities Limited     +44 (0) 207 260 1000 
Nominated Advisor:           Stuart Skinner / Hugh 
                              Jonathan 
Corporate Broker:            Charles Farquhar

This information is provided by RNS

The company news service from the London Stock Exchange

END

POSUSUKRWNAARRR

(END) Dow Jones Newswires

January 04, 2018 04:30 ET (09:30 GMT)

Epe Special Opportunities (LSE:ESO)
Historical Stock Chart
From Apr 2024 to May 2024