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DJ EPE Special Opportunities PLC Share Buy Back

TIDMESO TIDMEO.P

RNS Number : 5440S

EPE Special Opportunities PLC

22 December 2016

EPE Special Opportunities plc

Announcement of Share Buy Backs

EPE Special Opportunities plc ("ESO plc" or the "Company") announces its intention to commence purchases of ordinary shares of the Company ("Ordinary Shares") ("Share Buy Backs"). The transactions will be in line with the Company's stated policy to pursue Share Buy Backs.

The proposed Share Buy Backs will be funded by the Company's cash reserves. The Ordinary Shares will be purchased by a wholly owned subsidiary of the Company, Corvina Limited. The repurchased Ordinary Shares may be held and resold as if they were Treasury Shares. Any Share Buy Backs are likely to exceed 25 per cent of the average daily volume in the Ordinary Shares.

The proposed Share Buy Backs will be effected on behalf of the Company by its broker, Numis Securities Limited, and will commence from today. Any Share Buy Backs will be made in in accordance with the terms set out in the notice made at the Company's annual general meeting held on 28 July 2016.

Enquiries:

 
EPIC Private Equity LLP    +44 (0) 207 269 
                            8865 
                            Alex Leslie 
 
FIM Capital Limited        +44 (0) 1624 681 
                            250 
                            Philip Scales 
 
Cardew Group Limited       +44 (0) 207 930 
                            0777 
                            Richard Spiegelberg 
 
                           +44 (0) 207 260 
Numis Securities Limited    1000 
Nominated Advisor:         Stuart Skinner / 
                            Hugh Jonathan 
Corporate Broker:          Charles Farquhar 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2016 02:00 ET (07:00 GMT)