London-Based Company Purchases Own Shares

Strategic Insights -

A notification has been made by Frostrow Capital LLP on behalf of the company, stating that it has made a market purchase of its own shares. The company had been granted authority at its General Meeting held on 27 February 2025 to make these purchases, with a maximum aggregate total of 4,255,299 shares. As a result of this transaction, the company has acquired 144,968 Ordinary shares, each with a capital of 25p, at a price of 726.28 pence per share. Following this purchase, the total number of Ordinary shares in issue has been adjusted to 26,228,997.

Key Takeaways:

  • The company has made a market purchase of 144,968 Ordinary shares at 726.28 pence per share, bringing the total number of shares in issue to 26,228,997.
  • The company had been granted authority to make these purchases at its General Meeting on 27 February 2025, with a maximum aggregate total of 4,255,299 shares.
  • The shares purchased will be cancelled by the company, and the total number of shares in issue has been adjusted accordingly.
  • The company does not currently hold any Ordinary shares in treasury and the number of shares in issue may be used by shareholders to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
  • Katherine Manson is the company secretary at Frostrow Capital LLP, and further information can be obtained by contacting her at 020 3709 8734.

Statistics:

  • 144,968 Ordinary shares were purchased at 726.28 pence per share.
  • The total number of Ordinary shares in issue is now 26,228,997.
  • The maximum aggregate total of shares that the company is authorized to purchase is 4,255,299.
  • It is expected that 144,968 shares will be cancelled by the company.

Sources:

  • Frostrow Capital LLP (Company Secretary)
  • Katherine Manson (Tel: 020 3709 8734)
  • PR Newswire For immediate release