M&G Credit Income Investment Trust plc: Transaction in Own Shares

DJ M&G Credit Income Investment Trust plc: Transaction in Own Shares

M&G Credit Income Investment Trust plc (MGCI) 
M&G Credit Income Investment Trust plc: Transaction in Own Shares 
 
18-Nov-2020 / 17:19 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
M&G CREDIT INCOME INVESTMENT TRUST 
 
(the "Company") 
 
TRANSACTION IN OWN SHARES 
 
 The Company announces that on 18 November 2020 the Company purchased 20,000 
                   ordinary shares of 1p each at a price of 90.5p per share. 
 
       Following settlement of this purchase the issued share capital of the 
Company will be 144,725,771 Ordinary Shares, excluding 20,000 shares held in 
                        treasury. 
 
           The above figure (144,725,771) may be used by shareholders as the 
   denominator for the calculations by which they will determine if they are 
 required to notify their interest in, or a change to their interest in, the 
         Company under the FCA's Disclosure Guidance and Transparency Rules. 
 
          The Board has given instructions to Winterflood Securities Limited 
   ("Winterflood") to purchase the Company's ordinary shares pursuant to the 
  general authority approved by shareholders at the Company's AGM on 25 June 
   2020, subject to certain pre-determined parameters and in accordance with 
   the Company's discount management policy. Any shares so purchased will be 
                        held in treasury. 
 
 These instructions are valid until cancelled, suspended or amended and have 
         been put in place to ensure that share repurchases may continue, if 
     required, even when the Company is in possession of inside information, 
         including, for these purposes, during the short period prior to the 
  announcement of the Company's NAV per ordinary share each month. The Board 
shall not cancel, suspend or amend these instructions at any time when it is 
          in possession of inside information. Any purchases will be made in 
accordance with Chapter 12 of the Listing Rules and any repurchase decisions 
      will be made by Winterflood independently of, and uninfluenced by, the 
        Company. The Board has established, and will implement and maintain, 
  adequate and effective internal arrangements and procedures to ensure that 
       the Winterflood personnel carrying out the repurchases and any others 
persons who may have influence on those persons are not in possession of any 
         inside information for the duration of the repurchase instructions. 
 
   The Company confirms that it is not currently in possession of any inside 
  information relating to the Company which has not been publicly disclosed. 
 
All enquiries: 
M&G Credit Income Investment Trust plc 
 
                                       07874 627 585 
         Link Company Matters Limited, 
 
                     Company Secretary 
 
            M&G Credit Income Investment Trust plc LEI: 549300E9W63X1E5A3N24 
 
ISIN:           GB00BFYYL325, GB00BFYYT831 
Category Code:  POS 
TIDM:           MGCI 
LEI Code:       549300E9W63X1E5A3N24 
OAM Categories: 2.4. Acquisition or disposal of the issuer's own shares 
Sequence No.:   88128 
EQS News ID:    1149238 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

November 18, 2020 12:19 ET (17:19 GMT)