Ad hoc-Mitteilungen

Share Buyback Programme: Week ending 11 October 2019

EUROCASTLE INVESTMENT LIMITED

                                                                                                            FOR IMMEDIATE RELEASE
Contact:
International Administration Group (Guernsey) Limited
Company Administrator
Attn:  Mark Woodall
Tel:  +44 1481 723450                                                              

Share Buyback Programme: Transactions in week ending 11 October 2019



Guernsey, 14 October 2019 – Eurocastle Investment Limited (“Eurocastle” or the “Company”) today announces that between 7 October 2019 and 11 October 2019, under its fifth non-discretionary share buyback programme with Liberum Capital Limited (acting as the Company's broker) announced on 9 August 2019 and commenced on 16 September 2019 (the “Fifth Buyback Programme”), it bought back 11,584 of its ordinary shares at an average price of €7.32 per ordinary share. The purchased shares will all be held as treasury shares.

The purpose of the share buyback programme is to reduce the share capital of the Company and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the buyback programme:

Accumulated, most recent announcementPlatform codeVolumeVolume Weighted Average Price Gross Value (€)
07/10/2019BATE2797.302,037
 XLON1,8567.2913,526
 CHIX1557.301,132
 TRQX917.30664
 Total2,3817.2917,358
08/10/2019BATE2837.302,066
 XLON2,0607.3215,072
 CHIX1587.301,153
 TRQX927.30672
 Total2,5937.3118,963
09/10/2019BATE2837.342,077
 XLON2,0197.3514,833
 CHIX1587.341,160
 TRQX887.34646
 Total2,5487.3518,716
10/10/2019BATE2787.322,035
 XLON2,0847.3215,253
 CHIX2547.321,859
 TRQX917.32666
 Total2,7077.3219,814
11/10/2019BATE2367.341,732
 XLON7457.285,427
 CHIX2577.341,886
 TRQX1177.34859
 Total1,3557.319,905

Following the above transactions:

  • The total number of ordinary shares of the Company in issue is 55,379,438
  • The total number of ordinary shares held by Eurocastle in treasury is 18,912,284 (equal to 34.2% of the Company’s share capital)
  • The total number of voting rights exercisable by holders of ordinary shares of the Company is 36,467,154 as voting rights of shares held in treasury are suspended.

ABOUT EUROCASTLE

Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and non-performing loans and other real estate related assets primarily in Italy. The Company is Euro denominated and is listed on Euronext Amsterdam under the symbol “ECT”. Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global investment manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

Set out below are all trades completed 7 October 2019 and 11 October 2019:

 Platform codeVolumePriceGross Value (€)
07/10/2019XLON  5757.26  4,174.50
 XLON  37.30  21.90
 XLON  2787.30  2,029.40
 BATE  2797.30  2,036.70
 CHIX  1557.30  1,131.50
 TRQX   917.30  664.30
 XLON  2297.30  1,671.70
 XLON  7717.30  5,628.30
  2,3817.2917,358.30
08/10/2019XLON  1007.30  730.00
 BATE  2837.30  2,065.90
 CHIX   1587.30  1,153.40
 TRQX  927.30  671.60
 XLON  2507.30  1,825.00
 XLON  1,0007.32  7,320.00
 XLON  5707.32  4,172.40
 XLON  1407.32  1,024.80
  2,5937.3118,963.10
09/10/2019XLON  2297.36  1,685.44
 XLON  2267.36  1,663.36
 XLON  2387.36  1,751.68
 BATE  1237.34  902.82
 BATE  1607.34  1,174.40
 CHIX  1587.34  1,159.72
 TRQX  887.34  645.92
 XLON  5197.34  3,809.46
 XLON  1807.34  1,321.20
 XLON  3207.34  2,348.80
 XLON  1867.34  1,365.24
 XLON  1217.34  888.14
  2,5487.3518,716.18
10/10/2019XLON5947.324,348.08
 XLON2867.322,093.52
 XLON2857.302,080.50
 BATE2787.322,034.96
 CHIX2547.321,859.28
 XLON2347.341,717.56
 XLON2297.341,680.86
 XLON2047.321,493.28
 XLON1207.30876.00
 TRQX917.32666.12
 XLON857.30620.50
 XLON477.30343.10
  2,7077.3219,813.76
11/10/2019XLON  2937.28  2,133.04
 XLON  2717.28  1,972.88
 BATE  2367.34  1,732.24
 XLON  1617.30  1,175.30
 CHIX  1417.34  1,034.94
 TRQX  1177.34  858.78
 CHIX  1167.34  851.44
 XLON  197.30  138.70
 XLON  17.30  7.30
  1,3557.319,904.62
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