Eurocastle Investment Limited: Share Buyback Programme: Transactions in week ending 5 July 2019

Contact:

International Administration Group (Guernsey) Limited

Company Administrator
Attn:  Mark Woodall

Tel:  +44 1481 723450                                                              

Share Buyback Programme: Transactions in week ending 5 July 2019

­­­Guernsey, 8 July 2019 – Eurocastle Investment Limited (“Eurocastle” or the “Company”) today announces that between 01 July 2019 and 05 July 2019, under its fourth non-discretionary share buyback programme with Liberum Capital Limited (acting as the Company's broker) announced on 17 May 2019 and commenced on 20 June 2019 (the “Fourth Buyback Programme”), it bought back 5,486 of its ordinary shares at an average price of €7.17 per ordinary share. The purchased shares will all be held as treasury shares.

The purpose of the share buyback programme is to reduce the share capital of the Company and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the buyback programme:

Accumulated, most recent announcement	Platform code	Volume	Volume Weighted Average Price	Gross Value (€)
01/07/2019	BATE	49	6.98	342
	XLON	134	6.98	935
	CHIX	49	6.98	342
	TRQX	14	6.98	98
	Total	246	6.98	1,717
02/07/2019	BATE	0	-	-
	XLON	1,691	7.14	12,074
	CHIX	0	-	-
	TRQX	0	-	-
	Total	1,691	7.14	12,074
03/07/2019	BATE	50	7.14	357
	XLON	1,084	7.13	7,728
	CHIX	50	7.14	357
	TRQX	199	7.14	1,421
	Total	1,383	7.13	9,863
04/07/2019	BATE	1,365	7.22	9,852
	XLON	0	-	-
	CHIX	0	-	-
	TRQX	0	-	-
	Total	1,365	7.22	9,852
05/07/2019	BATE	0	-	-
	XLON	801	7.30	5,847
	CHIX	0	-	-
	TRQX	0	-	-
	Total	801	7.30	5,847

Following the above transactions:

• The total number of ordinary shares of the Company in issue is 62,480,029

• The total number of ordinary shares held by Eurocastle in treasury is 18,815,470 (equal to 30.1% of the Company’s share capital)

• The total number of voting rights exercisable by holders of ordinary shares of the Company is 43,664,559, as voting rights of shares held in treasury are suspended.

ABOUT EUROCASTLE

Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and non-performing loans and other real estate related assets primarily in Italy. The Company is Euro denominated and is listed on Euronext Amsterdam under the symbol “ECT”. Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global investment manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

Set out below are all trades completed between 1 July 2019 and 5 July 2019:

	Platform code	Volume	Price	Gross Value (€)
01/07/2019	XLON	134	6.98	342.02
	CHIX	49	6.98	935.32
	BATE	49	6.98	342.02
	TRQX	2	6.98	13.96
	TRQX	12	6.98	83.76
	Total	246	6.98	1,717.08
02/07/2019	XLON	599	7.16	4,288.84
	XLON	90	7.12	640.8
	XLON	250	7.12	1,780
	XLON	61	7.06	430.66
	XLON	325	7.14	2,320.5
	XLON	366	7.14	2,613.24
	Total	1,691	7.14	12,074.04
03/07/2019	XLON	1	7.14	7.14
	XLON	171	7.12	1,217.52
	XLON	87	7.14	621.18
	XLON	92	7.14	656.88
	XLON	494	7.14	3,527.16
	XLON	27	7.14	192.78
	TRQX	73	7.14	521.22
	TRQX	100	7.14	714
	TRQX	26	7.14	185.64
	BATE	24	7.14	171.36
	CHIX	50	7.14	357
	BATE	26	7.14	185.64
	XLON	210	7.10	1491
	XLON	2	7.18	14.36
	Total	1,383	7.13	9,862.88
04/07/2019	XLON	85	7.26	617.10
	XLON	708	7.22	5,111.76
	XLON	245	7.22	1,768.90
	XLON	327	7.20	2.354.40
	Total	1,365	7.22	9,852.16
05/07/2019	XLON	126	7.30	919.80
	XLON	81	7.30	591.30
	XLON	123	7.30	897.90
	XLON	127	7.30	927.10
	XLON	244	7.30	1781.20
	Total	801	7.30	5,847.30