Business
Transaction in Shares and Completion of Buyback
Transaction in Shares and Completion of Buyback.
About this update from Real Estate Investors Plc
[{"type":"text","content":"\n \n \n 2 December 2022\n \n \n \n Real Estate Investors Plc\n \n \n \n (\"REI\" or the \"Company\")\n \n \n \n \n \n \n Transaction in Own Shares and Completion of Share Buyback Programme\n \n \n \n \n \n \n \n \n Real Estate Investors Plc (AIM: RLE), the UK's only Midlands-focused Real Estate Investment Trust (REIT) with a portfolio of commercial property across all sectors, announces that on 1 December 2022, it purchased 1,142,857 ordinary shares of 10 pence each (the \"Buyback Shares\") on the London Stock Exchange through Liberum Capital Limited (\"Liberum\"), in accordance with the terms of its share buyback programme announced on 9 November 2022 (the \"Programme\").\n \n \n \n \n \n \n \n \n \n Date of purchase:\n \n \n \n \n 1 December 2022\n \n \n \n \n \n \n Aggregate number of ordinary shares purchased:\n \n \n \n \n 1,142,857\n \n \n \n \n \n \n Lowest price paid per share (pence per share):\n \n \n \n \n 28.00\n \n \n \n \n \n \n Highest price paid per share (pence per share):\n \n \n \n \n 28.00\n \n \n \n \n \n \n Volume weighted average price paid per share (pence per share):\n \n \n \n \n 28.00\n \n \n \n \n \n \n \n \n \n \n \n \n In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Liberum as part of the Programme.\n \n \n \n \n \n Individual transactions:\n \n \n \n \n \n \n \n \n \n \n Number of shares\npurchased\n \n \n \n \n \n \n Transaction price\n(pence per share)\n \n \n \n \n \n \n Time of transaction\n \n \n \n \n \n \n Execution venue\n \n \n \n \n \n \n \n \n \n 1,142,857\n \n \n \n \n 28.00\n \n \n \n \n 16:46:25\n \n \n \n \n AIMX\n \n \n \n \n \n \n \n \n \n Following the above transaction, the Company announces that the Programme to purchase an aggregate market value of up to £2.0 million of the Company's ordinary shares of 10 pence each (the \"Ordinary Shares\"), has been completed in accordance with its terms.\n \n \n \n \n \n In aggregate, between 9 November 2022 and 1 December 2022, the Company repurchased 7,142,857 Ordinary Shares at an average purchase price of 28 pence per share (the \"Buyback Shares\").\n \n \n \n \n \n All 7,142,857 Buyback Shares purchased under the Programme prev...