Update Return of Capital via Compulsory Redemption
30 June 2025
RIVERSTONE CREDIT OPPORTUNITIES INCOME PLC
("RCOI" or the "Company")
Update on Return of Capital by way of a Compulsory Redemption of Ordinary 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 23 May 2025, the Company at close of business on Friday 27 June 2025 (the "Redemption Date"), redeemed (on a pro rata basis) 19,090,875 Ordinary Shares at a redemption price of US$0.88 per Ordinary Share. The Ordinary Shares redeemed were equal to approximately 28 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 11 July 2025. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders.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 49,066,161 Ordinary Shares in issue. Accordingly, the total number of voting rights in the Company is 49,066,161, 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 GB00BP0R4J21 (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, 30 June 2025. CREST will automatically transform any open transactions as at the Redemption Date into the New ISIN.
For Riverstone Credit Opportunities Income Plc:
Adam Weiss Tel: +1 212 271 2953
For J.P. Morgan Cazenove (Corporate Broker):
Jérémie Birnbaum (Corporate Finance) Tel: +44 (0) 20 7742 4000
Media Contacts:
Buchanan
Helen Tarbet Tel: +44 (0) 20 7466 5109
Henry Wilson Tel: +44 (0) 20 7466 5111
Verity Parker Tel: +44 (0) 20 7466 5197
Samuel Adams Tel: +44 (0) 20 7466 5162
Email: rcoi@buchanan.uk.com
For further details, see https://www.riverstonecoi.com/.
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