November 26, 2020
Eppley Caribbean Property Fund Limited SCC (CPFV) has advised of its intention to continue repurchasing the Company’s shares in line with the existing Share Buyback Policy which has been previously announced. The Company intends to purchase up to an additional 1,000,000 shares on the open market from time to time using the Company’s cash from the same segregated account for the share buyback. The purpose of the share buyback is to unlock significant value for the Company’s shareholders by acquiring shares at a price equivalent to or below the Company’s Net Asset Value per share. This is in keeping with the strategy previously disclosed in the Company’s prospectus and annual report
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