Thrive Renewables Plc Share Buy-Back Policy
As part of the Directors ongoing commitment to providing share trading liquidity, Thrive have re-introduced a share Buy-Back Policy. Shareholders are eligible to benefit from the Buy-Back policy if they have been listed to sell their shares on the Matched Bargain Service for 12 months or more. Under the Buy-Back policy, the Company undertakes to purchase shares from eligible shareholders at a 10% discount to the Director’s Recommended Share Price, subject to a number of conditions. The conditions include, shareholder approval at the AGM and the Company having adequate financial resources to fund the share Buy-Back. It is the Directors intention that the Buy-Back Policy will increase the liquidity of the secondary shares market and enable sellers to achieve a fair price for their shares. The Directors reserve the right to cease offering the Buy-Back at any time.
The full buy pack policy can be viewed here