Market Purchase of Company's Own Shares

Strategic Insights -

The company, PURSUANT TO THE AUTHORITY GRANTED at the General Meeting of the Company held on 27 February 2025, has made a market purchase of its own shares. The company has purchased a total of 50,000 ordinary shares of 25p each, which will be cancelled. This purchase brings the total number of ordinary shares in issue to 26,178,997, and the company no longer holds any shares in treasury.

Key Takeaways:

  • The company has made a market purchase of its own shares, totaling 50,000 ordinary shares of 25p each.
  • The purchase price per share was 744 pence, and the total amount spent on the purchase is not specified.
  • The company held an aggregate maximum of 4,255,299 shares to purchase, but did not reach this limit.
  • The total number of ordinary shares that the company has in issue after the purchase is 26,178,997.
  • The company does not hold any ordinary shares in treasury.
  • Shareholders will use the figure of 26,178,997 as the denominator for calculating their voting rights in the company under the FCA's Disclosure Guidance and Transparency Rules.
  • The company secretary informed shareholders about the purchase through a notification on 6 June 2025.
  • The purchase is pursuant to the authority granted at the General Meeting held on 27 February 2025.

Statistics:

  • Total number of ordinary shares purchased: 50,000
  • Total number of ordinary shares in issue after the purchase: 26,178,997
  • Purchase price per share: 744 pence
  • Total number of shares the company held for purchase: 4,255,299
  • Date of General Meeting that granted purchase authority: 27 February 2025
  • Date of market purchase notification: 6 June 2025

Sources:

  • PURSUANT TO THE AUTHORITY GRANTED at the General Meeting of the Company held on 27 February 2025
  • MARKET PURCHASE OF COMPANY'S OWN SHARES - PR Newswire For immediate release, 6 June 2025
  • Frostrow Capital LLP, Company Secretary - Katherine Manson, Tel: 020 3709 8734