2nd Feb 2024 08:37
Gresham House Energy Storage Fund PLC - fund which invests for income from utility-scale battery energy storage systems - Announces start of share buyback programme for up to 14.99% of shares, which the firm intends to review "on an ongoing basis". The maximum price payable per share, Gresham says, will not exceed the higher of "105% of the average market value of the company's shares for the five business days immediately preceding the day on which such share is contracted to be purchased; or the higher of the price of the last independent trade and the highest current independent bid on the London Stock Exchange".
Current stock price: 51.50 pence
12-month change: down 69%
By Holly Beveridge, Alliance News reporter
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