Update on Compulsory Redemption of Shares
Summary by AI BETAClose X
31 March 2026
RIVERSTONE CREDIT OPPORTUNITIES INCOME PLC
("RCOI" or the "Company")
Update on Compulsory Redemption of Shares
The Company today announces that, in connection with the compulsory redemption (the "Compulsory Redemption") of ordinary shares of US$0.01 each in the capital of the Company (the "Ordinary Shares") announced on 25 February 2026, the Company at close of business on Monday 30 March 2026 (the "Redemption Date"), redeemed (on a pro rata basis) 12,134,802 Ordinary Shares at a redemption price of US$0.89 per Ordinary Share. The Ordinary Shares redeemed were equal to approximately 25 per cent. of the Company's Ordinary Shares in issue as at the Redemption Date.
Fractions of shares have not been redeemed and therefore the number of Ordinary Shares redeemed in respect of each shareholder have been rounded down to the nearest whole number of Ordinary Shares. All Ordinary Shares redeemed pursuant to the Compulsory Redemption have been cancelled.
Payments of redemption monies are expected to be effected either through CREST (in the case of Ordinary Shares held in uncertificated form) or by cheque (in the case of Ordinary Shares held in certificated form), in each case by 15 April 2026. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders.
Following the redemption, the Company has 36,931,359 Ordinary Shares in issue. Accordingly, the total number of voting rights in the Company is 36,931,359, which 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 new ISIN GB00BRBWLX34 (the "New ISIN"), in respect of the remaining Shares which have not been redeemed, is enabled and available for transactions from 8.00 a.m. today, 31 March 2026. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN.
For Riverstone Credit Opportunities Income Plc:
Catherine Carron +44 28 9693 0220
For J.P. Morgan Cazenove (Corporate Broker): +44 (0) 20 7742 4000
William Simmonds
Jade Lee
For further details, see https://www.riverstonecoi.com/.
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