Special Advisory: First Rock Real Estate Investments Limited (FIRSTROCK)

July 19, 2022

First Rock Real Estate Investments Limited (FIRSTROCK) has advised that further to the notice dated March 1, 2022 entitled “First Rock Capital Holdings Limited Ordinary Share Buyback”, the company’s ordinary share buyback exercise has not yet commenced and will instead commence on September 1, 2022. The open market share buyback programme will be for the Company’s ordinary shares not to exceed 10% of the Company’s capital. The programme is intended to be used as a tool for First Rock Real Estate Investments Limited to unlock shareholder value over time and will be funded by cash on the Company’s balance sheet. The execution of the programme will be communicated to the market in due course.



Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.