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Blue Capital Alternative Income Fund Limited - Share Repurchase Programme Suspended
Hamilton, Bermuda – September 7, 2017 – In a filing with the Bermuda Stock Exchange (“BSX”), Blue Capital Alternative Income Fund Limited (the "Company", Ticker: BCAI.BH) announced its share repurchase programme has been suspended. The full filing stated:
Blue Capital Alternative Income Fund Limited (the “Company”) (Ticker: “BCAI”)
7 September 2017
SHARE REPURCHASE PROGRAMME SUSPENDED
The Company announced today that it is suspending its share repurchase programme initially announced on 25 May 2017. The Company makes this decision based on the potential impact to its investments from a U.S. landfall of Hurricane Irma, although it will not know what, if any, material impact there may be until it has completed its normal post-event procedures. Through 6 September 2017, 3,250,000 ordinary shares were repurchased under the programme at an average price of $1.04.
Enquiries:
For investor enquiries please contact:
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Blue Capital Management Ltd. Michael J. McGuire |
+1 441 278 0988 |
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Stifel Nicolaus Europe Limited |
+44 (0)20 7710 7600 |
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Neil Winward |
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Mark Bloomfield |
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Tunga Chigovanyika |