Transaction in Own Shares
Updated : 17:19
5 September 2019
Hadrian's Wall Secured Investments Limited
Transaction in own shares
Hadrian's Wall Secured Investments Limited (the "Company") has today repurchased 1,000,000 ordinary shares of no par value (the "Shares") at 78.0 pence per Share to be held in treasury. Following this repurchase the Company has 143,499,667 Shares in issue, excluding 1,670,796 Shares held in treasury. The Company has 143,499,667 total voting rights.
This Share buyback will be accretive to the NAV per Share and the Board believes that it represents a good use of cash at the prevailing discount. The Board, however, notes that the Company remains fully invested and the ability to undertake any further buybacks is dependent, amongst other things, on the Company's cash position and the market in the Shares.
Contact Details
Hadrian's Wall Capital Limited (Investment Adviser)
Ron Miao / Mike Schozer
Telephone 020 3026 8620
Winterflood Investment Trusts (Corporate Broker)
Joe Winkley / Neil Morgan
Telephone 020 3100 0000
LEI: 213800ABN7VKMVNOLG14
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