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Riverstone Energy Limited Announces 3Q21 Quarterly Portfolio Valuations & NAV London , UK ( 27 October 2021 ) - Riverstone Energy Limited ( " REL ” or the " Company " ) is issuing this Interim Management Statement ( “ IMS " ) for the period from 1 July 2021 to 30 September 2021 ( the " Period " ) . Highlights ● ● - THIS ANNOUNCEMENT INCLUDES INSIDE INFORMATION - Key Financials ( unaudited ) NAV as at 30 September 2021 NAV per share as at 30 September 2021 Basic profit / ( loss ) per share during Period o Market capitalisation at 30 September 2021 Share price at 30 September 2021 O $ 659 million ( £ 490 million ) ¹ $ 10.93 / £ 8.13¹ 138.75 cents $ 391 million ( £ 291 million ) ¹ $ 6.48 / £ 4.82¹ As of 30 September 2021 , REL had a NAV per share of $ 10.93 ( £ 8.13 ) an increase in USD and GBP of 16 & 19 per cent . , respectively , compared to 30 June 2021. The quarter end closing share price was $ 6.48 ( £ 4.82 ) , an increase of 35 & 40 per cent . , respectively , compared to 30 June 2021 . Hammerhead , GoodLeap ( formerly Loanpal ) , Carrier II and FreeWire were the largest drivers of REL's NAV improvement over the Period . During the Period , under the Company's modified investment programme , REL invested an aggregate amount of $ 40.6 million in three new energy transition and decarbonisation investments , bringing the total invested in this area to $ 95 million across eight investments , which in aggregate were valued at $ 158 million , or 1.7x Gross MOIC , at 30 September 2021 . Total invested capital during the Period of $ 40.6 million : Samsung Ventures ( $ 30.0 million ) , Hyzon Motors , Inc. ( $ 10.0 million ) and Decarbonization Plus Acquisition Corp IV ( $ 0.6 million ) . The investment in Decarbonization Plus Acquisition Corp IV was sponsor equity and warrants , which were purchased at US $ 1.00 per warrant . Total net realisations and distributions during the Period of $ 169.0 million : ILX Holdings III , LLC ( $ 168.2 million ) Rock Oil Holdings , LLC ( $ 0.3 million ) , GoodLeap , LLC ( formerly Loanpal , LLC ) ( $ 0.3 million ) and Sierra Oil & Gas ( $ 0.2 million ) . REL finished the Period with a cash balance of $ 169 million and remaining potential unfunded commitments of $ 69 million² . Since the initial announcement of the Share Buyback Programme on 1 May 2020 , the Company has bought back a total of 19,605,057 ordinary shares at an average price of approximately £ 3.05 per ordinary share , which has contributed to the share price increase of ~ 119 per cent . from £ 2.20 to £ 4.82 over the period to 30 September 2021 . Share Buyback Programme As previously announced on 4 October 2021 , with today's publication of the Company's IMS for the period ended 30 September 2021 , the Board will recommence its open market share buyback programme with Numis Securities Limited and J.P. Morgan Securities plc , for which the Board had previously approved an increase in