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)
