Menhaden Resource Efficiency Plc Buyback authority update

 
TIDMMHN 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
(EU) No. 596/2014 which forms part of domestic law in the United Kingdom 
pursuant to The European Union Withdrawal Act 2018, as amended by The Market 
Abuse (Amendment) (EU Exit) Regulations 2019. 
 
7 February 2023 
 
                       Menhaden Resource Efficiency plc 
 
                           Buyback authority update 
 
The Board of Menhaden Resource Efficiency plc (the "Company" or "MHN") notes 
the recent widening of the Company's share price discount to its net asset 
value. At the AGM held on 22 June 2022, shareholders granted authority for the 
Company to make market purchases of ordinary shares in the Company within 
certain limits. The Board is actively considering using this buyback authority 
where it believes it is in shareholders' best interests in view of the 
significant discount on which the shares are trading. 
 
For further information, please contact: 
 
Frostrow Capital (Company Secretary) 
 
Paul Griggs                                          +44 (0)20 3709 8733 
 
Richard Plaskett 
 
Numis (Corporate Broker) 
 
David Benda                                       +44 (0)20 7260 1000 
 
Matt Goss 
 
 
 
END

(END) Dow Jones Newswires

February 07, 2023 11:00 ET (16:00 GMT)

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