Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that CPFV purchased 14,645 CPFV shares during the period February 4 – 5, 2020.
CPFV further advised that:
- “The purpose for the purchase was to unlock shareholder value by purchasing at a price that is at a significant discount to our book value per share consistent with the strategy previously disclosed in our prospectus and our recently released Annual Report.
- “The maximum intended to be purchased was 300,000 units; the actual purchased is 14,645 units.
- “The source of funding was cash in our balance sheet.
- “The shares were repurchased on the open market via our broker, NCB Capital Markets Limited.”
